Savvy consumers do a lot of comparison shopping — for food, clothing, homes, cars and just about anything else that can be purchased.
But there’s one area where comparison shopping is difficult, if not impossible — health care. According to Modern Healthcare, there are lots of reasons why consumers aren’t very successful at getting their health care through the same efficient methods they use to buy other necessities.
One startling statistic: In 2011, of the health care services consumers paid for out of pocket, only 7 percent were services they could actually shop for. Another disturbing bit of information is that in 2016, 43 states did not have laws mandating a minimum standard for mandating patients have access to health care price information.
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