For example, in western Pennsylvania, there is UPMC. According to court documents, UPMC acquired 28 competitors between 1996 and 2018. According to the Pennsylvania Attorney General's office, in 2011 UPMC announced it would stop accepting patients insured by its competitor, Highmark. This prompted the PA government to "enter into consent decrees with both UPMC and Highmark to protect access to care." Which, again according to the Pennsylvania Attorney General's office, UPMC continued to violate. This has lead to, among other things, a recent antitrust lawsuit supported by the US Justice Dept. [1] [2]
[1] https://www.attorneygeneral.gov/upmc/
[2] https://www.wesa.fm/health-science-tech/2024-10-03/justice-d...
I wonder if there are examples of this type of thing happening in places outside the USA, like Western Europe for example.
Yes, that is corruption. However, it is being punished!
If a for profit insurance/hospital group does this in the USA, taking money from patient care to profit... there is no punishment. There is encouragement. Correct?
> Yes, that is corruption. However, it is being punished!
In the example I shared, the evidence suggests that the punishment, as you call it, has not been adequate to solve the problem. And that problem has been ongoing for a decade and a half. And still continues.
Can you share some significant real-world examples of this happening?