Health Insurance Market Structure
Words: 2023 Pages: 7 5679One of the main issues with the health insurance market in the U.S. is the nature of the market itself: oligopoly market. In America, health insurance markets are usually extremely concentrated with a single insurer commanding almost 50 percent of the market (Clemens 121). This nature of market correlates with cost, quality, and availability of health insurance and medical care. The health insurance industry as well as the hospital industry market structure might be the misery behind the skyrocketing medical […]