Online medical pricing takes on new importance in struggling economy

"Consumers are increasingly turning to the Web to compare medical fees as the economy and less generous health benefits squeeze household budgets," The Associated Press reports. Their efforts are aided in many states by laws that require online posting of medical fees. "More than 30 states have passed laws that require online publication of medical fees by hospitals and other health care providers," according to the AP. But, shopping around can be an arduous task and "even when patients think they know exactly what they'll be paying, unexpected fees can quickly inflate medical bills."

In the past there has been little incentive to shop around because most health insurance kept people sheltered from the cost of care, but as businesses increasingly enroll workers in high-deductible plans, people are forced to pay thousands more for their care. "'What's driving this is that people are becoming less isolated from the cost of things,' said Merrill Matthews, director of the Council for Affordable Health Insurance, a conservative-aligned advocacy group. 'It's creating a market out there where consumers want to know more about price'" (Perrone, 12/1).


Kaiser Health NewsThis article was reprinted from khn.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News Medical.
Post a new comment
Post

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

You might also like...
Black Americans still suffer worse health. Here’s why there’s so little progress