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January 17, 2017

Kaiser, Group Health deal gets state OK

OLYMPIA (AP) — Washington Insurance Commissioner Mike Kreidler has given his final approval to Kaiser Permanente's acquisition of the nonprofit Group Health Cooperative.

The Seattle Times reports that Kreidler's announcement Friday was not a surprise, as regulators on his staff had already endorsed the deal. The insurance commissioner is required to assess whether such an acquisition would hurt competition or consumer choice. Staff began reviewing the deal early last year.


 
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