BCBS of Louisiana again puts Elevance Health deal on hold

Blue Cross and Blue Shield of Louisiana has again delayed its merger with Elevance Health.

Blue Cross said Wednesday it is withdrawing its filing with the Louisiana Department of Insurance. It is also canceling the policyholder proxy and vote process, including the special policyholder meeting that was scheduled for February 21.

Last year, Blue Cross had announced its intent to be acquired by Elevance Health.

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