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.”

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