Health blog news for today – insurance changes ahead?

According to various news reports of late, it looks like there could be a competition inquiry into private health care – with the Office of Fair Trading (OFT) set to decide on whether to further investigate the private health market next year.

The OFTs criticisms of the industry include “information asymmetries” which it describes as a “shortage of accessible, standardised and comparable information” which “appears to weaken the ability of patients and GPs to drive efficiencies and stimulate enhanced competition between rival PH facilities and between consultants”.

It will be worth checking back on this and other health blogs come next year to see how this one develops. It certainly looks as if some of the big players agree on the level of competition, with the spokesperson for one of them agreeing that “more competition” is required in the industry.

 

 

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