Antitrust could raise costs. (Short Takes).Health insurance premiums could be forced up by 13 percent a year if Congress passes antitrust Antitrust
The antitrust laws apply to virtually all industries and to every level of business, including manufacturing, transportation, distribution, and marketing. They prohibit a variety of practices that restrain trade. waiver The voluntary surrender of a known right; conduct supporting an inference that a particular right has been relinquished.
The term waiver is used in many legal contexts. legislation that is under consideration. That's the forecast of a new report from the Health Insurance Association of America. The report notes that the legislation--"The Quality HealthCare Coalition Act" (HR. 1304)--could raise the nation's health care tab by up to $95 billion a year.
Analysis of similar legislation in California, Illinois, and Pennsylvania indicates that consumer and taxpayer spending on health care in those states could rise by $9.9 billion, $3.6 billion, and $4.5 billion respectively According to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. the HIAA HIAA,
n.pr the abbreviation for Health Insurance Association of America. study, allowing an antitrust waiver in California could increase annual private health care spending there by up to $7.7 billion, and taxpayer spending by up to $2.2 billion.
HIAA President Chip Kahn says that existing rules already allow physicians to get together to discuss quality of care issues. He predicts that giving them an antitrust waiver will lead to higher costs for consumers and employers. The HIAA study was authored by economist Monica G. Noether, PhD, former Deputy Assistant Director and Staff Economist of the antitrust office of the Federal Trade Commission and currently a Vice President of Charles River Charles River
River, eastern Massachusetts, U.S. The longest river wholly in the state, it flows into Boston Bay after a course of about 80 mi (130 km). Navigable for about 7 mi (11 km), its estuary separates the cities of Boston and Cambridge. Associates, a Boston-based consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a .
James A. Hawkins is Publisher of Healthcare Briefings, a newsletter available in print, on cossette, via fax, and on computer disk He can be reached at 800/338-5486.