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Death Panel

A fictional political term that refers to a supposed committee of doctors and/or bureaucrats who would decide which critically ill patients receive treatment, allegedly leaving the rest to die. Sometimes conflated with, and likely derived from, the Independent Payment Advisory Board (IPAB) established by the Affordable Care Act.

Market Power

The size of one firm relative to its competitors in a given market. Certain insurers or health systems have greater market power which enhances their…