AXIOS May 13, 2024
Employers trying to rein in rising health costs are also taking the fight directly to health care providers.
Why it matters: New transparency around the price of health care services and workers’ mounting frustration with costs are emboldening some employers to get tough in negotiations with hospitals and provider groups.
- “We can improve quality and can make health care more efficient. But if we continue to see very significant increases in unit price … it just makes the job of providing health benefits incredibly challenging,” said Guy D’Andrea, executive director of Catalyst for Payment Reform.
Between the lines: Employers have often struggled to get good answers from providers about how services are priced, said Rosa Novo, who oversees...