This article examines the effect of providing consumers with provider cost information on decreasing rising health care costs in the U.S. The article explains that cost reporting may actually have the opposite effect, and encourage consumers to seek out higher cost providers, because they assume those providers are higher quality providers. The article goes on to make recommendations for future cost reporting models.
Consumers' and Providers' Responses to Public Cost Reports, and How to Raise the Likelihood of Achieving Desired Results
Published on March 28, 2012
Publication: Health Affairs