Fierce Healthcare writes: Larger health insurers are able to negotiate lower prices with providers, according to a new study. But that doesn’t necessarily mean payer consolidation is the answer to keeping healthcare costs in check. The study, conducted by researchers from Harvard Medical School and published in the January issue of Health Affairs, examined multipayer claims data from 2014 to assess how insurers’ market power affected the rates that they were able to negotiate for office-based physician services.
- Full study: Market Share Matters: Evidence Of Insurer And Provider Bargaining Over Prices. Health Affairs. January 2017.
- Fierce Healthcare: http://www.fiercehealthcare.com/payer/study-when-negotiating-healthcare-prices-insurer-size-matters