Consolidation among health insurers is creating near-monopolies in virtually all reaches of the United States, according to a study released Monday.
...carriers are not only creating monopolies and oligopolies in many regions...they're also the biggest purchasers of health care and can dictate prices and coverage terms...
Data from the American Medical Association show that in each of 43 states, a handful of top insurers have gained such a stronghold that their markets are considered "highly concentrated" under U.S. Department of Justice guidelines, often far exceeding the thresholds that trigger antitrust concerns.
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# posted by madthumbs @ 10:41 AM
