The costs for knee and hip replacements--the two fastest-growing medical treatments in the country--vary by more than $20,000, demonstrating that insurers should develop price transparency tools so consumers can shop for the best prices, according to a new report from the Blue Cross Blue Shield Association.
The cost for the same service varies greatly across the 30 most populous U.S. cities, according to a new analysis from Castlight Health.
Arkansas Blue Cross Blue Shield and Horizon Blue Cross Blue Shield of New Jersey have found their bundled payment programs improve quality and lower costs. Plus, bundled payments can reduce the variation in prices among providers for the same service, reported AIS Health.
More than one in four Americans would move to another state or even another county to get better or cheaper healthcare coverage, according to the latest survey from Bankrate.
An article in the most recent issue of Consumer Reports verifies what America's Health Insurance Plans (AHIP) has been saying for years now-- providers are at the root of the healthcare cost problem.
Hospitals are using market clout to negotiate higher-than-competitive prices with insurers, which causes price variation that is inconsistent with what is found in other industries within competitive