October 29, 2009
Across the United States there are relatively few health insurers offering coverage in any particular geographic market. Following Justice Department guidelines, over 94 percent of U.S. markets for health insurance are "highly concentrated." In some states, there are only one or two insurers offering health insurance coverage. Despite this level of market concentration, however, the [...]
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September 25, 2009
The McCarran-Ferguson Act of 1945 exempts insurance companies from the Sherman Antitrust Act. It would seem that a pivotal key for creating competition in the market for health insurance would be to repeal the antitrust exemption for health insurance companies, so that insurance carriers could not enter into agreements to fix prices or divide [...]
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