Archive for August 28th, 2016

Anchoring Health Care Pricing (See Previous Post)

Sunday, August 28th, 2016

confusedHospitals have charge master pricing. Pharmaceutical manufacturers have AWP pricing. Consumers pay neither. These are simply made up numbers from which sellers “discount” their wares/services.

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Anchoring – What Car Dealers & Hospitals Have In Common

Sunday, August 28th, 2016

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That first number thrown out there serves as an anchor — a first reference point. Every other price becomes an adjustment of that price. Take a hospital’s charge master rates for example………..

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When Should Patients Pay Cash for Prescriptions?

Sunday, August 28th, 2016

cash-pay-model

Some consumers who pay far more than the cash price of a medication when using health insurance.

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