Major NYC hospital accused of using ‘market power’ to force higher insurance costs: feds

Source: New York Post

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.