MedCity News: The Promise of Healthcare Pricing Transparency

MedCity News: The Promise of Healthcare Pricing Transparency

Healthcare is a major expenditure for employers and employees, yet Americans purchase it without insight into price or quality. Medical costs contribute to 66.5% of household bankruptcies—lack of transparency is a contributing factor. Employers, payors and providers should consider alternative models of care such as value-based plans with built-in access and transparency.