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Study: Patient Costs Not Linked To Insurance Contribution, Hospital Price

from FierceHealthcare

There is almost no correlation between a patient's out-of-pocket cost and the amount insurers pay or the overall price of a procedure, according to a Pioneer Institute study released Tuesday. The study looked at the cost for an MRI at 14 Massachusetts hospitals and found that even if there was not much of a difference in what patients paid at each hospital, there was a higher utilization of expensive providers, ultimately driving up premiums, according to co-author and Pioneer Institute Senior Fellow Barbara Anthony. more


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