Nearly three quarters of health insurance markets are highly concentrated, says study

Health insurance markets - metropolitan area

The American Medical Association found that this was the case in 73 percent of MSAs. A new American Medical Association (AMA) study has revealed that almost three out of every four metropolitan statistical areas (MSAs) are concentrated health insurance markets. The analysis was based on data from the Department of Justice and Federal Trade Commission. The AMA’s study revealed that 73 percent of MSAs were highly concentrated health insurance markets based on the horizontal merger guidelines from the Department of Justice and the Federal Trade Commission (FTC). In 91 percent…

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How Healthcare Reform May Impact Physicians

Healthcare reform is a touchy topic in America today. Phrases like “single-payer system” and “public option” are tossed around a lot these days, but the emphasis usually centers on the patient experience. However, as the past year has shown us, the functions of our healthcare system are heavily dependent on healthcare workers and physicians who are equally impacted by U.S. healthcare reform. Let’s explore the insurance versus cash-only debate to better understand available insurance alternatives and physician involvement in healthcare reform. Insurance vs. Cash-Only  Healthcare demand is growing rapidly in…

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Affordable Care Act challenge dismissed by Supreme Court

Affordable Care Act - Supreme Court

The justices turned down the Republican state-led challenge to the health care law. At the end of last week, the Supreme Court dismissed the challenge to the Affordable Care Act. This left the law intact, keeping millions of Americans’ health care coverage in place. The justices rejected the former Trump administration and Republican-led states’ effort to block the law. The challenge to the Affordable Care Act led by Republican states and the former Trump administration sought to have the justices block the law in its entirety. According to the Supreme…

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Health insurance costs are rising in part due to unhealthy Millennials

Health insurance costs - Millennials

A recent Blue Cross Blue Shield Health Index points to medical claims in younger people. A recent Blue Closs Blue Shield Health Index medical claim study showed that health insurance costs are being driven upward by the frequency of claims from medical conditions among Millennials. Though still young, this generation has a range of conditions reducing quality of life and life expectancy. According to the study, one in every three Millennials has a medical condition that will reduce their quality of life and life expectancy. “Based on these findings, we’re…

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Nearly 3 in 10 Americans lost health insurance last year, says study

Lost health insurance - person wearing mask looking distressed

A ValuePenguin study revealed that 29 percent lost their plans in 2020, and many remain uninsured. Twenty-nine percent of Americans lost health insurance coverage during 2020, say the results of a ValuePenguin healthcare study. Among those who did lose their coverage, more than half continue to be uninsured in 2021. It should be noted that the study was a limited one, involving only 2,000 participants. Therefore, the accuracy of its representation of nationwide trends has been called into question. That said, the research suggested that 45 percent of consumers seeking…

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