Profits over patients.
The NewYork-Presbyterian Hospital system is allegedly using its heavyweight status among city healthcare providers to force insurers to accept “substantially higher prices” — blocking New Yorkers from affordable health insurance, according to the Department of Justice.
In an anti-trust lawsuit filed in Manhattan federal court, the DOJ said NY Presbyterian has been striking “unlawful contracts” with insurers to prevent patients from being shown less expensive health plans.
“Americans deserve the benefits of vigorous competition,” the lawsuit states, arguing that the hospital system’s “anticompetitive conduct” has left families with fewer choices and higher costs…