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Are the two plans (conversion and acquisition) independent or linked?

April 26, 2017acquisition conversion independent linked plans

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Are the two plans (conversion and acquisition) independent or linked?

1 Answer

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10 Posted

While the plans deal with separate transactions, the two plans are linked. In fact, the acquisition of BCBSME by Anthem cannot occur without the conversion. Legally, it is possible for BCBSME to convert to a stock insurer without the subsequent acquisition.