EurekAlert November 22, 2020
Standardizing fee-for-service payments and structuring negotiations between insurers and providers could make U.S. health care more affordable, Rutgers study says
Structuring negotiations between insurers and providers, standardizing fee-for-service payments and negotiating prices can lower the United States’ health care spending by slowing the rate at which healthcare prices increase, according to a Rutgers study.
The study, published in the journal Health Affairs, examined how other high-income countries that use a fee-for-service model regulate health care costs.
Although the United States has the highest health care prices in the world, the specific mechanisms commonly used by other countries to set and update prices are often overlooked. In most countries with universal health insurance, physicians are paid on a fee-for-service...
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