“Consolidation in the vision insurance market raises concerns about the potential for increased costs to patients and fewer choices,” House Oversight Committee Chairman
VSP and EyeMed combined share control of about 85% of the market share of stand-alone vision insurance plans. Within that market share, both companies use higher reimbursement rates to incentivize optometrists and ophthalmologists to sell their patients particular products.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: