Abbott Quoted in Bloomberg Law Story Titled "Cigna-Humana Deal Would Complicate Drug Pricing for Health Plans"

Jacquelyn Meng Abbott, of counsel in the Vorys Houston office, was quoted in a Bloomberg Law story titled “Cigna-Humana Deal Would Complicate Drug Pricing for Health Plans."  The story discusses Cigna Group's potential merger with Humana Inc. and the concerns among employer groups about reduced competition in the pharmacy benefit manager market, potentially leading to higher costs for company health plans.

The story states: 

"One larger company could actually result in better buying power by the merged health insurer, said Jacquelyn Meng Abbott, a member of the labor and employer practice group at Vorys, Sater, Seymour and Pease LLP. 'The biggest benefit for employers is that Cigna becomes bigger and has better negotiating power' with drug companies as well as medical providers, she said.

If some of that savings could be passed along to employers they’ll benefit, Abbott said."

To read the entire story on the Bloomberg Law website, click here.  (Subscription may be required).