Healthcare Costs

Consumer empowerment alone will not solve the U.S. healthcare cost crisis

Published in Health and Medicine Week, June 1st, 2006

Better consumer information about healthcare costs, quality and treatment alternatives could help stem rapidly rising health costs, but some are overselling the potential of consumer empowerment to reshape the healthcare system, economist Paul Ginsburg, PhD, president of the Center for Studying Health System Change (HSC), told a congressional committee.

"Unfortunately, much of the recent policy discussion about price and quality transparency downplays the complexity of decisions about medical care and the dependence of patients on physicians for guidance about what services are appropriate," Ginsburg testified at a hearing of the Joint Economic Committee of the U.S....

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Source: Health and Medicine Week (2006-06-01)

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