Wanted: Access to Comparative Healthcare Quality and Cost Info.
Success of consumer-driven health plans, such as Health Savings Accounts (HSAs) depends on consumers’ willingness and ability, when their own money is on the line, to “research more about the cost, quality and the underlying necessity of the health care they use.”
The problem, though, is that while a wealth of medical resources are just a few key strokes away–typing “migraine treatment” into Google reaps 44,000 hits–some of the most vital information, such as cost comparisons between hospitals and doctors, remains scarce to nil.
“A lot of health care providers today can’t quote prices,” says Paul Mango, practice leader for the North American Payor Provider Practice at McKinsey & Co.
This is beginning to change, as discussed in this recent article, which includes links to some emerging online sources of the needed information.
“Smart Shopping: Maximizing Employee Health Dollars”, by Charlotte Huff in Workforce Management