Medical Xpress July 15, 2019
Greta Guest, University of Michigan

Most consumers haven’t shopped around for standard medical procedures such as a knee replacement, but reference pricing could open that possibility for many services and lower health care costs at the same time.

“The current payment systems fail to control rising health care prices because of the unique structure of incentives and the presence of moral hazard in health care decisions,”...

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Topics: Healthcare System, Patient / Consumer, Pricing / Spending, Provider, Trends
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Cross-country comparison in health care price growth: 2000-2020

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