A Senate Budget Committee hearing on U.S. health care costs took aim at hospital market influence.
Len Nichols, a health policy professor at George Mason University, said policymakers should acknowledge that some health plan, hospital and physician service markets aren't very competitive.
"A lot of hospitals have more market power than the plans do," Nichols said.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
