Washington, DC – Senator Charles Schumer (D-NY) joined Health Care for America Now (HCAN) – the nation’s largest health care campaign – in releasing a new report today that shows extreme health insurance industry consolidation has resulted in a market failure where a small number of large companies use their concentrated power to control premium levels, benefit packages, and provider payments in the markets they dominate. As a result, health insurance premiums have skyrocketed, going up more than 87% - on average - over the past six years.
***Read Report and Letter to DOJ ***
MOVING ON INTO THE HERE
7 years ago
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