HCCI research on the potential effects of price transparency on price variation was cited in a recent Washington Post article. "There is more wiggle room on the high side — it could make up for price increases on the lower side," said Kevin Kennedy, one of the study researchers. The Health 202: Health-care costs might decline if hospitals are forced by the Trump administration to disclose the...
On November 27, 2019 CMS proposed a rule (CMS-9915-P) requiring group health plans and health insurance issuers in the individual and group markets to disclose cost-sharing information to enrollees, including an estimates of an enrollee's cost-sharing liability for covered items or services furnished by a particular provider. As also noted in our comments on rule CMS-1717-P, HC...
As previous reports have indicated, there is widespread price variation in the U.S. commercial health care system. Many studies have shown that prices are dramatically different not only across geographies, but they vary substantially even within the same market for the same service. For example, we found that prices for the same blood tests could vary 39-fold within Tampa, Florida and the cost of...
% Total Medical Spending % Out-of-Pocket Medical Spending % Medical Charges% Medical Utilization All Medical Care 11.8 15.6 12.317.2Inpatient Care7.95.68.04.8Outpatient Care13.116.513.717.2 In response to high and growing health care spending, policymakers have proposed improving price transparency as a solution. Several such proposals rely on consumers taking action on publicly av...
HCCI's work with iFHP on international comparisons of health care prices was featured in a New York Times article. In the U.S., an Angioplasty Costs $32,000. Elsewhere? Maybe $6,400. - The New York Times Enter some description here... https://www.nytimes.com/2019/12/27/upshot/expensive-health-care-world-comparison.html?smid=nytcore-ios-share
