Competition Commission publishes issues statement

clock

The Competition Commission (CC) has published an issues statement as part of its market investigation into privately-funded healthcare services.

The issues statement identifies the questions the inquiry has been examining, and its proposed approach.

Some summary points include; the effect of local monopoly hospitals and treatment specialisations; concerns over the power of local consultants; power of larger hospital groups in pricing negotiations with insurers; and barriers to market entry.

The issues statement does not imply that the Inquiry Group has yet identified any competition concerns.

The CC has been carrying out the investigation after the Office of Fair Trading referred the market to it in April this year.

The aim is to analyse market features that prevent, restrict or distort competition and appropriate remedy action.

The CC is required to report by 3 April 2014; those interested in responding to the issues in the statement can do so in writing by 20 July this year.

Author spotlight

Nicola Culley

More on Individual Protection

UK wellbeing plummets to a 10-year low: LifeSearch

UK wellbeing plummets to a 10-year low: LifeSearch

Ethnic minorities most effected

John Brazier
clock 12 May 2022 • 3 min read
Mental health in life insurance webinar

Mental health in life insurance webinar

Available to listen on-demand

COVER
clock 11 May 2022 • 1 min read
 Vitality sees talking therapy claims grow 44% since 2019

Vitality sees talking therapy claims grow 44% since 2019

‘More people than ever before accessing talking therapies’

Hemma Visavadia
clock 11 May 2022 • 1 min read

Highlights

First episode of The COVER Review goes live!

First episode of The COVER Review goes live!

New monthly programme

John Brazier
clock 21 April 2022 • 1 min read
The Rising Stars of Protection: Adrian Benjamin

The Rising Stars of Protection: Adrian Benjamin

"Getting into the insurance industry is very difficult, I had to fight my way to get in"

Hemma Visavadia
clock 20 April 2022 • 6 min read
Where protection meets sustainability

Where protection meets sustainability

"Being a sustainable business means more than just meeting climate targets"

Hannah Godfrey
clock 19 April 2022 • 7 min read