Medical Bills Often Come with Sticker Shock but Insurance Could be Reinvented to Provide Costs Upfront

The price of the doctor’s visit you calculated online might not reflect what you’ll be billed.
The price of the doctor’s visit you calculated online might not reflect what you’ll be billed.
chormail/Envato
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The price of the doctor’s visit you calculated online might not reflect what you’ll be billed.
The price of the doctor’s visit you calculated online might not reflect what you’ll be billed.
chormail/Envato
Medical Bills Often Come with Sticker Shock but Insurance Could be Reinvented to Provide Costs Upfront
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You have scheduled an appointment with a health care provider, but no matter how hard you try, no one seems to be able to reliably tell you how much that visit will cost you. Will you have to pay US$20, $1,000 – or even more?

Patients are increasingly on the hook for health care costs through deductibles, co-pays and other fees. As a result, patients are demanding credible cost information before appointments to choose where they seek care and control their budget.

Yet, in spite of recent legislation and regulations, upfront information on patient out-of-pocket costs is still difficult to obtain from both health care providers and insurers.

Read the full article on The Conversation.

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