Health Data Management writes: A recent JAMA study of employer-provided healthcare price transparency completely upends the widespread belief that consumer insight into cost will help reduce our nation’s healthcare bill. Instead, the study found, employers failed to save any money at all by directing employees to an insurer-provided price calculator. What’s more, some employees may have actually chosen higher cost options by correlating them with higher quality of care.
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- Health Data Management: http://www.healthdatamanagement.com/opinion/why-consumers-will-expect-price-transparency