Even High Deductibles Don’t Motivate Patients To Shop Around For The Cheapest Medical Services

Consumer-directed health plans (CDHPs) offer low premiums but high deductibles on the premise that patients who are faced with deductibles of $1,000 or more for individual coverage (or twice that for family coverage) will shop around for the best price for the health care. In practice, however, that’s not the case, according to a new study by the USC Schaeffer Center for Health Policy and Economics and the RAND Corporation.… Read More »