Price Fixing

The federal official Trade direction recently took action against the employers of 2 ,900 mendeleviums in the Chicago bea [2] , the absolute majority of which were non-profit recommend wellness C atomic number 18 Network hospitals , and the companionship propose wellness Centers Inc of which only if the medicos were members The respondents were found to dumbfound been immoderately restraining toll and other forms of rivalry among medicos , [to have been] increasing prices for doctor services , and depriving wellness blueprints employers , and hotshot consumers of the benefits of competition among physicians [1 , p8]Normally , wellness jut providers contract directly with head physicians to establish terms and conditions (including price terms at a lower place which the physician renders medical services to the health objects members . These contracts generally reduce the health ends be since the physicians entering into exclusive contracts will often begin to lower consideration in return for more patient of referrals from the particular health plan . Since the health plans costs are lowered , the benefits are passed onto consumer members and patients in terms of lower damages prices and medical care costs [1 , p5]During 1995 to 2000 , power wellness Centers Inc and the non-profit centers , playing in concert for their physician members , negotiated contracts with sixteen (16 ) health plan providers which provided higher fixed salary for their physicians and collective terms chthonic which the physicians would not accept patients nether the health plans [2] From 2001 to 2004 , power health Centers Inc alone negotiated contract with a further twelve (12 ) health plan providers , restraining competition by continuing to fix the fee-for-service prices of their physicians , and refraining negotiations among the health plans and individual physicians [1 , p6]Consent s have been entered into to remedy the mislabeled withdraw .

The news release explains that comply s are for shutdown purposes only and does not fix an admission of a law violation . When the commitment issues a consent on a final basis , it carries the advertize of law with note to future tense actions . Each violation of such an may impression in a civil penalization of 11 ,000 [2] . plant Cited[1] Clark , Donald S . In the Matter of urge on health Partners aid Bethany Health Partners Advocate Christ infirmary Health Partners Advocate broad(a) Samaritan Health Partners , Ltd Advocate great Shepherd Health Partners , Ltd Advocate Health Centers , Inc Advocate Illinois masonic Health Partners Advocate Lutheran General Health Partners , Inc Advocate-South suburban Health Partners Advocate trey Helalth Partners and Dreyer Clinic , Inc : Complaint . US Federal Trade Commission , No 0310021 . Retrieved April 21 , 2007 from http /www .ftc .gov /os /caselist /0310021 /0310021 .shtm[2] FTC charges Chicago-area unsex groups with price repair Physicians required to modify carriage to defend competition . US Federal Trade Commission , celestial latitude 29 , 2006 . Retrieved April 21 , 2007 from http /www .ftc .gov /opa /2006 /12 /ahp .shtmBraumanPAGE 1...If you necessity to get a full essay, order it on our website: Ordercustompaper.com

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