The four largest health insurers in the U.S. control the majority of the insurance marketplace, and that has healthcare academics and industry experts debating the pros and cons of consolidation.
Currently, the nation's four largest health insurers control roughly 80% of the private insurance marketplace, said Ed Howard, JD, president of the Alliance for Health Reform. In 2014, the healthcare sector witnessed a total of 1,299 mergers and acquisitions, a small jump from 1,035 in 2013.
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