mr. slover. okay. our first round of questions will be by chairman grassley who is with us, but we has to leave in a moment. five minutes and then fifth minutes to senator cove char and then i'll take five minutes. chairman grassley. >> thank you, mr. chairman, for your courtesy and put a statement in the record that i would have given if i had been here on time. mr. bertolini and mr. swedish, there's been a good deal of discussion about efficiencies. both of you expect. mr. bertolini, i believe you anticipate saving approximately $1.25 billion annually by 2018. that stands to reason. if there weren't cost savings obviously i don't believe you'd be pursuing the mergers. how will be the mergers impact the ordinary consumers in iowa two or three years after the transactions, will iowans see a difference in their prem sums or their deductibles? will their experiences be different as far as service provided? how would these mergers make things better for consumers in my state of iowa. >> thank you for the

mr. slover. our first round of questions will be by chairman grassley who is with us, but has to leave in a moment. we will have five minutes and then five minutes for senator klobuchar, and that i would take five minutes. chairman grassley: thank you. i put a statement in the record that i would have given had i been here on time. there has been a good deal of discussion about efficiencies. both of you expect, mr. bertolini, i believe you over $1te saving billion quarterly. if there were not cost savings, i do not suppose you would be pursuing these mergers. how would these mergers affect ordinary consumers and iowa two or three after the transactions, owans have differences in their experience? summing this up, how will it affect consumers in my state of iowa? olini: this transaction is largely about medicare advantage, so i will speak to the medicare advantage marketplace in iowa. have hada and humana very high quality scores. all of our markets are at 80% or better for a four plus star rating