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Are Health Care Rates Too Complicated to Be 'Consumer Friendly'?
Epstein Becker Green Link to more items from this source
Dec. 9, 2019

"[A detailed example] is offered to provide a glimpse into the complexity of health care pricing and reimbursement. The example also demonstrates that even complete rate transparency by hospitals may not be enough to affect a health care consumer's spending practices because [1] the issue is too complicated to generate a reliable cost estimate for the patient; [2] even if such an estimate could be generated, obtaining and understanding it may be too burdensome for consumers; and [3] it's too difficult to estimate the value that a consumer places on continuing his or her care with his or her physician and reliance on his or her physician's medical advice."

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