High deductible plans may not always provide the best deal for consumers and their employees. Research shows that paying cash for healthcare services can often result in lower bills compared to using insurance. Insurance companies negotiate discounts off the retail price set by healthcare providers, but cash pay prices are even lower.
This discrepancy highlights the need for price transparency and better incentives to encourage people to explore lower-cost services.
✅ Lowering Healthcare Prices with Instruments ✅ Insurance Discounts vs Cash Pay ✅ The Need for Price Transparency ✅ tDriving Transparent and Predictable Pricing
Learn how your healthcare plan can help you reach these goals in 2024