Gibbons said Buyout health needs under the microscope

Dir Nevada Jim Gibbons lifted its efforts to develop additional regulatory control, United Health Group’s $ 2.6 billion acquisition of Sierra Health Services.

Gibbons, a letter Friday to the U.S. Department of Justice and Consumer Protection Unit of the Federal Trade Commission, asking both agencies to consider carefully how Buyout affect Nevada’s insurance markets.

“I am always deeply concerned about the potential of this merger could create a monopoly, especially for beneficiaries of Medicare and the HMO market,” Gibbons said Scripture.

Gibbons said in the letter he requested, Nevada Attorney General Catherine Cortez Masto “with a strong investigation” in the Sierra Health sale. He invited the Department of Justice to examine the cases of anti-competitive effects and said he welcomes the Federal Trade Commission’s participation in the review process.

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