Fierce Healthcare November 29, 2018
Overall, 73% of metropolitan areas had a significant absence of health insurer competition and were considered “highly concentrated” based on federal guidelines used to assess market competition.
Many patients had fewer choices last year as competition levels dropped in health insurance markets in half of the U.S. states, according to a new report.
The report (PDF) released by the American Medical Association (AMA) found that half of all states had commercial health insurance markets that were less competitive in 2017 than in the previous year.
In 91% of 380 metropolitan areas studied in 2017, at least one insurer had a commercial market share of 30% or more of the market, the report found. In 46%...