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Aug
13

Health Care Cost Institute: Wide Variation in Commercial Prices vs. Medicare Rates Across & Within U.S. States

Policy Proposals Based on Medicare Rates Could Have Dramatically Different Geographic Impacts WASHINGTON D.C. — The average commercial cost of medical professional services compared to the rate Medicare pays is 122% nationally, and ranges from a low of 98% in Alabama to a high of 188% in Wisconsin, according to a new report from the Health Care Cost Institute (HCCI). In addition to this cross-stat...

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Aug
13

Commercial Prices Relative to Medicare Vary Within Metro Areas Across Specialties and by Type of Service

Earlier HCCI research found that at the national level, commercial payers paid prices that were, on average, 122% of Medicare. However, we found that commercial professional service prices varied dramatically across states from 98% of Medicare in Alabama to 188% of Medicare in Wisconsin. There was similar variation within states, such as California, and also substantial variation within Metro Area...

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Aug
10

Bloomberg: Covid Stimulus Spending Should Aim to Improve Health-Care Value

HCCI's research on geographic variation in health insurance spending in the employer-sponsored health insurance population was cited in Bloomberg Opinion.  From the article: "A new study from the Health Care Cost Institute in Washington has found a similar dynamic for employer-sponsored insurance: When a beneficiary moves to an area with 10% higher health-care spending, that person's spending...

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Aug
03

Health Affairs: COVID-19, Market Consolidation, And Price Growth

HCCI's work on the growth in private health insurance spending was recently cited in an article by Health Affairs.  From the article: "The supremacy of price is also supported by the work of the Health Care Cost Institute (HCCI), which found that between 2014 and 2018, US private insurer health spending per person increased by 18.4 percent, while per person use increased by only 3.1 perc...

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Aug
01

ProPublica: How a $175 COVID-19 Test Led to $2,479 in Charges

HCCI's President and CEO Niall Brennan was recently quoted in a ProPublica article on extremely high coronavirus test billing rates by out-of-network providers.  From the article: "The SignatureCare charges shocked experts who study health care costs. Charging $2,479 for a drive-thru COVID-19 test is a 'nauseating' example of profiteering during a pandemic, said Niall Bren...

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