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Over the past decade, the landscape of health insurance in the U.S. has dramatically transformed, with six major for-profit parent companies now accounting for nearly 30% of the nation's total health spending, a significant increase from less than 10% in 2011, Axios reports. These companies have expanded beyond traditional insurance services, acquiring entities like primary care providers and pharmacy chains, which has sparked debates regarding their impact on competition, costs, and quality of care.
1. UnitedHealth reports significant data breach; personal health info compromised
2. Illinois House passes governor’s 'Healthcare Protection Act’
3. UnitedHealth faces scrutiny over size, operations, and cyberattack
4. Walmart to shut down health clinics due to unprofitability
5. Analyst says Cigna, Humana share prices could put merger back on the table
6. Humana to cut Medicare Advantage benefits amid rising costs