Consolidation of Private Insurers a Concern for Healthcare Providers

The increasing likelihood for mergers among medical insurers concerns healthcare providers who worry that the plans will have too much clout over medical care, according to a report in the Chicago Tribune.

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One in six metropolitan areas is currently dominated by a single insurer, according to the American Medical Association.

Healthcare providers warn that a monopoly restricts patient choice and gives the companies too much control over the pricing of medical care.

Health insurers long have billed consolidation as a way to better control costs through efficiencies and leveraged buying power.

Read the Chicago Tribune‘s report on medical insurance consolidation concerns.

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