Revealing the Truth about Healthcare Price Transparency

  • Insurance

There is minimal evidence that making prices more transparent for consumers will drive health care value, according to this June 2018 report from the Altarum Healthcare Value Hub. The report also said that consumers don’t view health care as a commodity, that most health care services are not “shoppable,” that patients pay directly for only a small portion of total spending on shoppable services, and that consumers are ill-equipped to recognize services as being of high or low value.

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