For the 2022 study of U.S. health insurance markets, researchers with AMA analyzed market concentration in 383 metropolitan statistical areas, 50 states and Washington, D.C., according to the report. The researchers used the Herfindahl-Hirschman Index, a commonly accepted measure of concentration used in federal antitrust cases, to analyze competitiveness.
Here are the 10 states with the least competitive commercial health insurance markets:
1. Alabama
2. Michigan
3. Louisiana
4. Hawaii
5. South Carolina
6. Kentucky
7. Alaska
8. Illinois
9. Vermont
10. Delaware
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 17–19 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
