November 1, 2014- When it comes to health care it should not be like opening Pandora’s Box. You should know what to expect and feel secure with it. Quality matters on every level from intake to the wait and the atmosphere not to mention the physician care itself. Health care prices are often directly related to the quality of care that patients get. If you are at the end of your rope with the quality standards in health care don’t give up just yet. New trends and models are emerging that hint of vast improvements to come.
So, does price transparency promote high quality care? With out of pocket costs being difficult for many patients to come up with often unexpectedly prices really do matter. They vary among providers, and often times the cheapest is just not the best option for quality care nor is the most expensive.
There are patient advocates, health plan officials and even employers that are pushing for changes in pricing transparency for health care services. This way consumer’s always know what they will have to pay for being blindsided by an unexpectedly large bill.
Price transparency may just be the key! YEMPL is a great place to turn to if you are looking for this kind of security and quality health care. You will know exactly what costs you are facing before heading into a procedure, so all you have to worry about is getting through it whole and getting well. This is a way of searching literally thousands of providers prices at once, so you are saving time and headaches using this amazing tool!
Despite the challenges that may lie ahead this is something that more and more consumers are becoming familiar with and pushing for as well. The health care industry in the United States is in a league of its own, and no other quite compares to it anywhere else on the globe. In a world of surprise medical bills and contradiction consumers seek to find consistency, transparency and common ground which all lead to higher quality health care at the end of the day.
Knowing what services you will have to pay for before getting them is a great place to start within the transition to price transparency and quality health care, because no one should leave they doctor’s office or hospital feeling robbed, have to skip seeing the doctor or have to settle for less than adequate care to save money.
Some big names are getting connected with price transparency and quality care. According to the U.S. Government Accountability Office’s 2011 report, comparative pricing within the health care industry comes with many challenges. These include but are not limited to the inability to predetermine patient needs, insurance issues and price reporting standards across the board. Some charges would be coming from different offices, so collaboration is an issue for adequate pricing as well. This is only a few from a long list of things that would have to be sorted out before price transparency could be rolled out.
In addition to the report by the Governments Accountability Offices, a recent Congressional Research Service study shows that the initiatives of an early price transparency like those in California hospitals did nothing to change either consumer behaviors or pricing at all.
Some speculate that this is because people automatically associate higher prices with better care, when in reality, within the health care industry one is not necessarily associated with the other at all. When consumers had the ability to compare cost and quality one beside the other more people made higher value decisions.
More companies like Health Care Service Corp. and United Health Care have launched things like monthly price estimators and have made available costs associated with offices and services needed. Private offices are starting to follow suite as are some other big names in health care. Price transparency is gradually taking hold, and it is proving to be beneficial to getting much better care from providers while offering peace of mind to patients and their families.