Health Insurance

Ama Study Shows Competition Disappearing In the Health Insurance Industry

Published in Hospital Law Weekly, March 25th, 2010

Competition in the health insurance industry is disappearing with more markets across the county dominated by one or two insurers, according to the American Medical Association's newly released edition of Competition in Health Insurance: A Comprehensive Study of U.S. Markets.

In 24 of the 43 states reported in the new AMA report, the two largest insurers had a combined market share of 70 percent or more. Last year, just 18 of 42 states had two insurers with a combined market share of 70 percent or more.

"The near total collapse of competitive and dynamic health insurance markets has not helped patients," said AMA President J. James Rohack, M.D. "As...

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Source: Hospital Law Weekly (2010-03-25)

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