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Health Care Consumers Will Shop for Price If Motivated

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When consumers have health plans with more out-of-pocket cost responsibility, they're more likely to select lower-cost alternatives for their health care, Booz Allen Hamilton, reports. People responsible for a greater portion of the cost are beginning to act like retail consumers, that is they tend to be more aware of both cost and quality differences. For instance, they are more likely to use generic than brand name drugs to get a minor or moderate price reduction.

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About this Entry

This page contains a single entry by Phil Daigle published on June 18, 2007 11:06 AM.

Hospital Costs Don't Relate to Quality was the previous entry in this blog.

Texas Makes It Easier for Low income Families to Get Childrens' Health Insurance is the next entry in this blog.

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