Wednesday, February 28, 2007

Cash only Health Care Gets Cheaper-NYT

The veil is slowly being lifted for people who pay for their own health care. This is extremely important since HSAs are growing like wildfire and more and more people will be negotiating their own prices. This has got to be good.

The varying reimbursement schedules, negotiated between the nation's 850,000 providers and more than 6,000 health plans, have been kept all but secret. Consumers almost never get information on prices before treatment. Even insurers do not know what other health plans are paying.

Despite the complexity, the Internet has begun to open a window on this surreal world, allowing consumers to compare costs and, occasionally, to discover affordable alternatives.