HealthLeaders Media December 20, 2023
As insurers design a healthcare market that is evermore concentrated, where does that leave Americans looking for a competitive plan?
KEY TAKEAWAYS
– A recent study by the AMA found that the health insurance marketplace is highly concentrated.
– The use of anticompetitive practices by health insurers is causing harm to consumers and providers.
Nearly 73% of markets were highly concentrated in 2022, a new study says. This poses major problems for both consumers and healthcare providers.
The 2023 edition of Competition in Health Insurance: A Comprehensive Study of U.S. Markets looked at 381 metropolitan statistical areas (MSAs), across 50 states and Washington D.C. To be considered “highly concentrated,” markets had to exceed a regulatory threshold set by federal guidelines.
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