Healthcare DIVE October 14, 2020
Dive Brief:
- The most highly concentrated markets for commercial health insurance have grown even more so over the past five years, chipping away at competition among payers and choice among patients, according to an annual analysis from the American Medical Association.
- The share of markets considered “highly concentrated” increased from 71% in 2014 to 74% in 2019. More than half of the markets considered highly concentrated in 2014 grew even more concentrated by 2019, according to the findings.
- The five payers with the biggest share in the most markets were Anthem, Health Care Service Corp., UnitedHealth Group, Florida Blue and Highmark.
Dive Insight:
The AMA has long complained about growing payer consolidation and the impact of what it...