OFT refers private healthcare market to Competition Commission

Many key findings directly impact the private medical insurance (PMI) market, including noting a power bias to hospital networks in certain areas and the hiking of fees for if an insurer proposes to add another hospital network. The year long investigation has provisionally found a number of features that it felt, individually or in combination, prevented, restricted or distorted competition in the £5bn UK private healthcare market. As a result of the findings the FSA will work with the ABI and health insurers to make it clearer for patients that they may face extra shortfall payments...