Shopping for Healthcare Needs to Start Small
"We're seeing very good engagement levels," he says. "About 45% of employees are taking advantage of the information," meaning, they're switching providers to find a cheaper price. He says the company is finding about $350 a year in potential savings for the average beneficiary. That may not sound like much, but if my company hired them to find these kinds of savings for me, you can bet I would take advantage of it. So will a lot of other people.
So while shopping for healthcare has miles to go before it's really effective, baby steps like these are starting to gain traction. It's about time.
Philip Betbeze is senior leadership editor with HealthLeaders Media.
- MU Compliance Announcement Sparks Concern, Confusion
- New G-Codes to Pay Doctors for Broad Array of Non-Face-to-Face Care
- Scary Financial Challenges for 2014
- MGMA Urges 'End-to-End' ICD-10 Testing
- Resisting the Healthcare Consolidation Frenzy
- 1 in 5 CT Screenings for Lung Cancer Results in Overdiagnosis
- LifePoint Bolsters Presence in Michigan's Upper Peninsula
- Give Nurses in Wheelchairs a Chance
- CMS Sets 2014 Pay Rates for Hospital Outpatient and Physician Services
- Telehealth Improves Patient Care in ICUs