The Disruptive Innovation Of Price Transparency In Health Care

castle-attack

By Uwe Reinhardt

Until very recently, health care in the United States was delivered behind the secure walls of a fortress that kept information on the prices charged for health care and the quality of that care opaque from public view.

Over time, enormous and ever-increasing amounts of money have disappeared behind the fortress walls. Much good undoubtedly was done for patients entering the castle in search of succor. But it has been nearly impossible for prospective patients thinking of entering the health care system to know what they or someone else will have to give up in return for whatever care they will receive from the inhabitants of the fortress.     http://jama.jamanetwork.com/article.aspx?articleid=1769895

Editor’s Note: This article is eerily similar to the one found here:  http://costplusinsurance.com/articles/Managed%20Care%20Under%20Siege.pdf