Health insurance mergers may impede value-based care

health insurance mergers industry care

The Justice Department determined that if large insurers come together it would hinder new coverage model adoption. Health insurance mergers have been increasingly common lately. That said, they’ve also been generating a considerable amount of controversy at the same time. According to the U.S. Justice Department, if very large insurers should merge as they have been doing, it could be damaging to current industry model trends. Among the main changes in health care is the move away from fee-for-service medicine. Instead, private insurance and the government have been shifting toward…

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Mergers among health insurance companies could drive rates skyward

health insurance companies profits

The American Medical Association has said that the reduction in competition will raise rates. The American Medical Association (AMA) has recently released the results of a study that claims that most health plan markets in the United States are currently led by a small number of insurance companies that may become even fewer with the current trend of mergers and acquisitions. The organization representing doctors and hospitals is criticizing the impact of this market shrinking. The reason is that they feel that if the current intentions of insurance companies to…

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