It stands to reason that if you know how much something is going to cost you, you can make better decisions about whether and how to pay for it.
But when it comes to health care plans, not so much. That’s according to a HealthMine survey of consumers with sponsored health insurance, 39 percent of whom say their plans don’t offer them a tool to help them predict how much their care will cost them.
A report in 2014 by the Gary and Mary West Health Policy Center has found that giving consumers prices for health care could cut spending on U.S. care by more than $100 billion during the next 10 years, but that doesn’t mean plans are providing their members with ways to predict how much they’ll end up paying for health care services, visits to providers or getting prescriptions filled.
Recommended For You
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
