Responding to a government issued report on health insurance market power, the American Medical Association (AMA) recently issued its own report that identifies areas where consolidation involving health insurers may cause anticompetitive harm to consumers and providers of care. The report states that, “[Our] findings should prompt federal and state antitrust authorities to vigorously examine the competitive effects of proposed mergers involving health insurers.” Scrutiny surrounding consolidation in the healthcare industry appears to be growing. In July, President Joe Biden issued an executive order urging federal agencies to review and revise their merger guidelines through the lens of preventing patient harm. The Federal Trade Commission has already said that healthcare businesses will be one of its priority targets for antitrust enforcement actions.
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