Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Health Insurance > Your Practice

Nevada Eyes Sierra Deal

X
Your article was successfully shared with the contacts you provided.

Regulators are asking for more public comments about a proposed UnitedHealth Group Inc. acquisition.

The Nevada Division of Insurance has scheduled 3 more public hearings on efforts by UnitedHealth, Minnetonka, Minn., to acquire Sierra Health Services Inc., Las Vegas, for $2.6 billion in cash.

Sierra provides or administers health coverage for 630,000 people.

The American Medical Association, Chicago, says completion of the deal without modification could give UnitedHealth a 78% share of the Nevada health maintenance organization market.

The Nevada division held the first hearing on the deal June 14th.

The division will hold the new hearings July 25th in Elko, Nev.; July 26th in Reno, Nev.; and July 27th in Las Vegas.

More information about the hearings is available


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.