Coalition Letter Supporting HB 711: Addressing Market Consolidation
HB 711 is a relatively light touch option to address the harmful effects of excessive market concentration and market power. Unlike other proposals to address these issues, it doesn’t force de-consolidation, and
doesn’t impose governmental rate-setting — HB 711 simply prevents entities with monopoly-like market power from abusing that market power to needlessly raise prices without any benefits to employers and —more importantly—patients.
See the full letter.