It’s not known what, precisely, is meant by “sufficient competition,” but whatever it is, it’s not what exists today in the health insurance market in most metropolitan areas. Want to see that in a chart? Of course you do!
Austin Frakt, PhD, is co-Editor-in-Chief of The Incidental Economist and tweets at @afrakt. His day job is Director of the Partnered Evidence-based Policy Resource Center at the Boston VA Healthcare System, U.S. Department of Veterans Affairs. He is also a Professor with the Department of Health Law, Policy and Management at the Boston University’s School of Public Health, a Principal Research Scientist with the Department of Health Policy and Management at the Harvard T.H. Chan School of Public Health, and Editor-in-Chief of the journal Health Services Research.