Market Concentration in Health Care: Government Is the Problem, Not the Solution

Posted on AllSides July 22nd, 2022
From The Right

The U.S. health sector is not serving consumers as it should or could. Opaque, excessive, and often unconscionable prices both reduce access to care and threaten to wipe out the health savings account (HSA) balances and other savings of even insured Americans.1 Low‐​quality care costs lives, while bad policy confounds efforts to improve quality.2 Market concentration contributes to these deficiencies.

Markets for hospitals, physician services, and health insurance have exhibited increasing concentration over time. “By 2017, in most markets, a single hospital system had more than a 50 percent market share of discharges.”3 In 2016,...

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