HealthLeaders Media August 10, 2022
Complex coding structures are driving up medical billing costs and making the U.S. one of the most expensive countries to get paid.
Billing and insurance-related costs in the U.S. are higher than the costs in other countries, and this stems from our complex coding structures, according to a study published in Health Affairs.
According to the study, researchers used a microlevel accounting of billing and insurance-related costs in different national settings at six provider locations in five nations: Australia, Canada, Germany, the Netherlands, and Singapore. This newest study supplements the prior study measuring the costs in the U.S.
“We found that billing and insurance–related costs for inpatient bills range from a low of $6 in Canada to a high of...