Wariness Surrounds Wave Of Insurer Mergers
Consumer advocates, past regulators and health policy observers are raising concerns about how the marketplace changes may impact consumers.
The New York Times:
Bigger May Be Better For Health Insurers, But Doubts Remain For Consumers
Deals among the nation’s largest health insurers in recent weeks have been almost head-spinning. But whatever the details, if the combinations are finalized, the result will be an industry dominated by three colossal insurers. Consumer advocates, policy experts and former regulators say that what may be good for the insurers may not be good for consumers, especially in the wake of a similar frenzy of deal-making among hospitals and doctors’ groups. (Abelson, 8/2)
Georgia Health News:
Former State Insurance Chief Wary Of Big Mergers
The giant health insurance mergers now on the table would reduce the number of major national insurers from five to three. John Oxendine, Georgia’s former insurance commissioner, believes that a Big Three is not enough for a competitive balance. (Miller, 8/2)