Knowledge of Healthcare Prices Impacts Spending

About 500,000 employer-sponsored employees covered by health insurance were given telephone or internet access to the actual price of medical services for laboratory tests, advanced imaging services, and office visits. Those who accessed price information over the 3 year study period spent significantly less that those who did not. The largest difference was for advanced imaging services. However, fewer than 10% of patients bothered to investigate pricing.

PositiveTip: Tired of high medical bills? Investigate and compare the costs when possible.