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The Washington Post: Why Savvy Shoppers Can’t Fix Health-Care Spending

The Washington Post
March 3, 2016

In an article from Carolyn Johnson of The Washington Post, it is postulated that there are many different reasons Americans cannot fix the often high prices of health care. 

“One popular view of how to corral out-of-control health-care spending is to empower smart shoppers — to arm individual patients with the information and incentives to shop around for the cheapest imaging scans or blood draws.

A boom in high-deductible health insurance plans is supposed to give patients what economists call “skin in the game.” The thinking is that, if people can save themselves some dough, they’ll make the effort and society will reap the benefits, too — less health-care spending means lower health-insurance premiums. States have passed regulations to increase transparency in health-care prices, and online calculators have sprouted up to provide patients the information to make the best choices.” 

Read the Full Article

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Topics: Prices Transparency

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