US congressional panel probes FTC regulation of vision care insurance
"The vision insurance market is structured to place only a handful of companies in charge of the vast majority of vision insurance plans for Americans, raising concerns about effects on consumers, including potentially higher costs," Republican U.S. Representative James Comer, who chairs the panel, said in a statement.
"One company, VSP Vision Care , provides vision insurance for 82 million Americans nationwide," Comer said in the letter.Reporting by Kanishka Singh in Washington; Editing by Jamie FreedKanishka Singh is a breaking news reporter for Reuters in Washington DC, who primarily covers US politics and national affairs in his current role.
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