Comment by bugglebeetle
3 days ago
Your argument would be more convincing (well, not really because it’s typical bad faith contrarianism) if insurers weren’t also some of the largest hospital and clinic owners in the U.S. and use this to rob people blind on both ends.
Which hospital chains are you referring to?
UHC is the largest single employer of doctors in the US.
https://www.statnews.com/2024/07/25/united-health-group-medi...
> It’s no secret that UnitedHealth is a colossus: It’s the country’s largest health insurer and the fourth-largest company of any type by revenue, just behind Apple. And thanks to a series of stealthy deals, almost 1 in 10 U.S. doctors — some 90,000 clinicians — now either work for UnitedHealth or are under its influence, more than any major clinic chain or hospital system.
They purchase physician groups... and then pay themselves higher rates.
https://www.statnews.com/2024/11/25/unitedhealth-higher-paym...
> UnitedHealth Group is paying many of its own physician practices significantly more than it pays other doctor groups in the same markets for similar services, undermining competition and driving up costs for consumers and businesses, a STAT investigation reveals.