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AMA Bashes Health Insurer Monopolies in Many Markets
Health Leaders Media

A few insurance carriers dominate markets across the country, resulting in a “near total collapse” of competition, according to the American Medical Association. Two insurers controlled 70% of the markets in 24 states in 2007, and the lack of dynamic insurance markets resulted in rocketing insurance premiums, said AMA President J. James Rohack, MD, in a statement following release of the AMA’s Competition in Health Insurance: A Comprehensive Study of U.S. Markets.