Big News! FTC to Probe Hospital Contracts

 

This may become the tipping point in health care reform. “The Senate Judiciary Committee chairman questions contract terms between insurers and hospital systems…………..contracts between insurers and hospital systems are limiting competition and pushing up health-care costs……………..”

By Anna Wilde Mathews

Oct. 10, 2018 6:15 p.m. ET

Senate Judiciary Committee Chairman Chuck Grassley asked the Federal Trade Commission to investigate whether contracts between insurers and hospital systems are limiting competition and pushing up health-care costs.

The letter, sent Wednesday by the Iowa Republican, cited a recent article in The Wall Street Journal that documented secret contract terms that some hospital systems use to protect their business and block efforts to curb costs. Those provisions can require health plans include costly hospital systems and prohibit…

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