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Insurers banking on Obamacare

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The big guys get bigger. The industry consolidates. Competition diminishes. Obamacare is doing just what big-government intervention typically does. Bloomberg reports: Aetna Inc. (AET), the third-biggest U.S. health plan, agreed to buy Coventry Health Care Inc. (CVH) for $5.6 billion, in the latest bid by an insurer to boost government business under President Barack Obama’s...

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