News Headlines Article

Putting cost ahead of medical outcomes
Orange County Register

Unlike most markets, prices do not convey value in health care. In light of this problem, the Boston-based Institute for Clinical and Economic Review has been attempting to calculate the value of new medical technologies in order to assign a reasonable price to the latest innovations.

The Blue Shield of California Foundation supports ICER’s research, and Blue Shield of California, with 4 million members, has indicated it wants to use ICER research when making coverage decisions.