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Leahy requests updates on enforcement of antitrust act over health insurers

Dear Attorney General Garland and Chair Khan: We write today regarding the recently expanded antitrust authorities of the Department of Justice (DOJ) and Federal Trade Commission (FTC) over the health insurance industry following the enactment of the Competitive Health Insurance Reform Act (CHIRA) of 2020. The CHIRA protects consumers from anticompetitive practices by repealing the McCarran-Ferguson Act’s outdated antitrust exemption for the health insurance industry. Decades of consolidation by health insurance brokers has primed the industry for abuse, allowing insurers to exert market power in order to raise premiums, restrict competition, and deny consumers choice. [1] Despite the clearly anticompetitive nature of these practices, before the CHIRA was enacted, regulators lacked the power to stop insurers’ misconduct due to the industry’s antitrust exemption.  For example, as recently as last December, a U.S. District Court dismissed antitrust claims against the Blue Cro

Stethoscope Market Is Expected To Witness Significant Growth In The Near Future

(MENAFN - Coherent Market Insights) The stethoscope is used for different medical procedures for hearing and listening to the heartbeat. The stethoscope has two main parts: the probe, which is attached to the earpieces and the mask, which sits on the stethoscope base. With the help of these two parts, a doctor can clearly hear all the different noises produced inside the body. Stethoscopes are highly important in the detection of heart problems and lung infections. Even though stethoscopes can be found in hospitals The growing prevalence of the chronic disease is a key factor driving the growth of the stethoscope market. The stethoscope has been used by doctors for decades and it plays a crucial role in monitoring the overall function of the body. The rise in prevalence of the cardiovascular and pulmonary disease is again fueling the growth of the stethoscope market. According to the World Health Organization, around 65 million people suffer from chronic obstructive pulmonary di

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