HealthLeaders Media May 13, 2024
Left without cost data, a study shows employers are still struggling to create better health plans.
KEY TAKEAWAYS
– Price transparency is an ongoing healthcare issue, often leading to medical debt and employers paying more for health plans
– Private health plans paid hospitals an average of 200% more than Medicare in 2022
– Private insurers need to work with employers to create well-structured plans with accurate data
A new report published by RAND found that during 2022 private insurers paid hospitals on average 254% of what Medicare would have paid for both inpatient and outpatient services.
Looking at the information from over 4000 hospitals in 49 states, the report showed that private health plans were paying more for the...
Today's Sponsors
Today's Sponsor