Four months after the Department of Justice allowed UnitedHealth Group Inc. and PacifiCare Health Systems Inc. to merge, creating the country’s second-largest health insurer, the main trade group for U.S. doctors is calling on antitrust regulators to reverse “imbalances in the marketplace.”
In its fifth annual study of health insurance competition in local U.S. markets, the American Medical Association found that consolidation is allowing record profits for insurers but causing escalating premiums for customers. Sweeping consolidation among carriers provides physicians with few legal ways to fight downward pressure on their fees, the doctors’ group argued.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
