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Beating America’s Health-Care Monopolists
In 2015, the largest private US health-insurers began exploring the possibility of mergers that would reduce the number of national providers from five to three and allow them to squeeze more profits from consumers. After a massive industry lobbying effort almost pushed the plan through, consumer groups are fighting back.
BERKELEY – The United States’ Affordable Care Act (ACA), President Barack Obama’s signature 2010 health-care reform, has significantly increased the need for effective antitrust enforcement in health-insurance markets. Despite recent good news on this front, the odds remain stacked against consumers.