Recent Trends in Commercial Health Insurance Market Concentration

Summary: A recent report looked at how much competition exists among health insurance companies in the United States. The findings show that in most cities and states, the market is "highly concentrated," meaning one or two big companies control almost everything. When there isn't enough competition, insurance premiums often go up for patients, and doctors have a harder time negotiating fair payments. Essentially, while you might think you have choices, big insurance companies hold most of the power in the majority of the country.

For more details, see kff at kff.org/health-costs/recent-trends-in-commercial-health-insurance-market-concentration/ (opens in new tab)