HDHPs Associated With 14% Decline in Health Spending
Margaret Dick Tocknell, for HealthLeaders Media, April 1, 2011
Among the report findings:
- Health costs increased for enrollees in both high-deductible and traditional plans but grew more slowly in the high-deductible group.
- HDHP enrollees spent less on both inpatient and outpatient medical services, as well as prescription drugs. Spending for emergency care did not differ from traditional plans.
- Individual deductibles must be rather high ?more than $1,000 per person? to achieve meaningful cost savings.
The findings are published in the American Journal of Managed Care.
Margaret Dick Tocknell is a reporter/editor with HealthLeaders Media.
- Primary Care Docs Average More Hospital Revenue Than Specialists
- 69% of Employers Plan to Offer Healthcare Coverage After 2014
- How Chargemaster Data May Affect Hospital Revenue
- Building a Better Healthcare Board
- Q&A: Catholic Health Initiatives' New Senior VP for Capital Finance
- ED Physicians Key to Half of Hospital Admissions
- Hospital Pricing Irks Nurses; More Jobs, Less Pay
- Insurer's App Aims to Lower Healthcare Costs, Securely
- Quiet ORs Better for Patient Safety
- CMS Seeks to 'Rapidly Reduce' Medicare Spending with $1B in Grants