New Findings Reported from Harvard School of Medicine Describe Advances in Health Insurance (Regulated Medicare Advantage And Marketplace Individual…

Insurance Weekly News

New Findings Reported from Harvard School of Medicine Describe Advances in Health Insurance (Regulated Medicare Advantage And Marketplace Individual Health Insurance Markets Rely On Insurer Competition)

By a News Reporter-Staff News Editor at Insurance Weekly News -- A new study on Health Insurance is now available. According to news reporting originating in Boston, Massachusetts, by VerticalNews journalists, research stated, "Two important individual health insurance markets-Medicare Advantage and the Marketplaces-are tightly regulated but rely on competition among insurers to supply and price health insurance products."

The news reporters obtained a quote from the research from the Harvard School of Medicine, "Many local health insurance markets have little competition, which increases prices to consumers. Furthermore, both markets are highly subsidized in ways that can exacerbate the impact of market power-that is, the ability to set price above cost-on health insurance prices."

According to the news reporters, the research concluded: "Policy makers need to foster robust competition in both sectors and avoid designing subsidies that make the market-power problem worse."

For more information on this research see: Regulated Medicare Advantage And Marketplace Individual Health Insurance Markets Rely On Insurer Competition. Health Affairs, 2017;36(9):1578-1584. Health Affairs can be contacted at: Project Hope, 7500 Old Georgetown Rd, Ste 600, Bethesda, MD 20814-6133, USA.

Our news correspondents report that additional information may be obtained by contacting R.G. Frank, Harvard Med Sch, Dept. of Hlth Care Policy, Hlth Econ, Boston, MA 02115, United States.

Keywords for this news article include: Boston, Massachusetts, United States, North and Central America, Health Insurance, Health Policy, Medicare, Harvard School of Medicine.