The U.S. Department of Justice (DOJ) has filed a lawsuit against the U.S. District of Columbia District Court against the $ 13 billion deal between United Health Group, the largest health insurance company in the United States and New York. The country and the leading healthcare technology company providing change, analysis, software and data services.
The complaint alleges that the purchase will hurt competition in the commercial health insurance market and restrict competitors’ access to innovative healthcare technologies. UnitedHealth has unfair advantage of access to vast amounts of confidential information from rival health insurance providers.
Change is the only major competitor to United Health’s first pass claims editing technology, which enables health insurance claims to be processed efficiently, and Doje also argues that the transaction will enable United Health to hold the most important technology in the market. Complaint is that the profit margin in the health insurance market is much higher than the profit margin in the primary insurance market, and United Health has encouraged competing insurers to increase prices, which has reduced access for high-cost, low-quality, and claims-editing innovations to health insurers and customers.
Doha Maki, deputy attorney general of the Doje Anti-Trust Division, warned: Passing every year “
The lawsuit alleges that the court ruled in favor of the plaintiff under Section 7 of the Code of Criminal Procedure.