Healthcare Market Concentration Trends and Their Association with Health Insurance Premiums
Colloquium | March 21 | 12:40-2 p.m. | 714C University Hall
Brent Fulton, PhD, MBA, Assistant Adjunct Professor of Health Economics and Policy, UC Berkeley
The Council of Economic Advisors demurred on the lack of market concentration measures across many sectors of the economy. This talk aims to fill the gap within the healthcare sector by describing and analyzing market concentration trends across the United States for hospitals, physician organizations and health insurers. These markets are becoming increasingly concentrated, raising concerns that the potential for exercising market power is outweighing potential efficiencies gained from consolidation. This talk estimates the impact of insurer concentration on health insurance premiums in the Affordable Care Act Exchanges.