By: Yevgeniy Feyman Price and quality transparency in health care has often been seen as the missing link for extracting more value out of our health care system. With the appropriate financial incentives, along with easily accessible cost estimators and information on physician and hospital quality, patients could flock to the lowest-cost, highest-quality providers. But a new study by the Health ...
A new study throws cold water on the popular idea that consumers can save themselves and the health care system loads of money if they become savvier shoppers for health care services. The analysis by the Health Care Cost Institute focused on what consumers paid out of pocket, where comparison shopping can result in lower costs. The study found that less than 7 percent of total health care spendin...
In an article from Carolyn Johnson of The Washington Post, it is postulated that there are many different reasons Americans cannot fix the often high prices of health care. "One popular view of how to corral out-of-control health-care spending is to empower smart shoppers -- to arm individual patients with the information and incentives to shop around for the cheapest imaging ...
This issue brief examines health care spending on shoppable services in 2011. Contrary to expectations, giving consumers prices so they can shop for health care services may only have a modest effect on reducing health spending. Key Findings: In 2011, about 43% of the $524.2 billion spent on health care services for commercially insured people was considered shoppable.About 15%—nearly...
This issue brief, in partnership with the National Academy for State Health Policy, reports on reimbursement to primary care provides for health care services using telehealth. Key findings include: • Half of telehealth-related state policies were implemented in the last five years.• Although many states permit reimbursements for telehealth services, only seven&nbs...
