Price Transparency Tool Alone May Not Spark Saving In Healthcare Spending

The Washington Post reports that a study published in The Journal of the American Medical Association suggests that price transparency tools in healthcare alone “aren’t going to lead to much, if any, savings” (Johnson, 05/03/16). The study “followed health care spending at two large employers that offered a web tool that allowed patients to easily shop around and save on health care costs.” Researchers “found that the tool was barely used – only 10 percent of the 150,000 people at the two employers ever logged in to the price-shopping website over the course of a year.”

Access the full article for more information.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s