News Headlines Article

Study says health care pricing tools aren’t driving down costs
Marketplace

Here’s a key theory behind cutting health care costs: If consumers knew how much they’d have to pay for various medical services, they could be savvier shoppers, which would ratchet up competition among doctors and hospitals, to cut prices.

So, employers and insurers created online tools to help folks distinguish costly providers from less expensive alternatives.

But a new study out today, published in the Journal of the American Medical Association (JAMA), raises some doubts about whether these tools are working.

Commands