Health Payer Intelligence October 15, 2020
The American Medical Association found that payer market consolidation has been widespread across all markets and increasing.
Payer market consolidation has been increasing over the past five years and this consolidation is having negative effects on consumers, the American Medical Association (AMA) asserted in its latest study on the subject.
Continuing the themes of its previous studies on payer market concentration, AMA found cause for concern with the increased consolidation amongst payers.
“This study addresses the following questions: Are health insurance markets competitive, or do health insurers exercise market power? Are proposed mergers between insurers likely to maintain, enhance or create such power?” the study commenced.
“We find that the majority of health insurance markets in the United States are...