Cigna's Cordani Gives Testimony in Anthem Merger Trial

Nov 23, 2016

Cigna CEO David Cordani took the stand Tuesday in the anti-trust case against his company’s proposed merger with fellow health insurer Anthem. Some of the tensions between the two merger partners were on display as both Cordani and Anthem CEO Joe Swedish were questioned. 

Part of that testimony was closed because attorneys argued it would involve confidential information.

After complaints from news organizations, the judge in the case, Amy Berman Jackson, said she would review whether to release parts of the transcripts of the closed hearing.

According to The Wall Street Journal, when Cordani testified in open court, he said the Bloomfield-based insurer has focused on innovation, rewarding patient outcomes rather than offering a flat fee for medical services.

The Justice Department argues that this way of approaching health care may be lost if the merger goes ahead.

In response to Anthem's lead attorney, Cordani said that the idea on day one of the merger was to spread this approach to a larger patient population. He did not make clear whether he still feels this is the aim of the deal.