People looking for health care coverage aren’t using price transparency tools to shop around forcheaper providers. Instead, says a new study, they use them to planfor out-of-pocket expenses.
The Accenture study, reportsModern Healthcare, gives the lie to the claim that consumers willshop around for the cheapest providers if they know the pricebefore obtaining care. Instead, it finds that 46 percent check outpricing to be able to set aside money to meet out-of-pocketexpenses; only 11 percent do it to compare prices.
The study also finds that about 60 percent of health careconsumers said they’d go to their provider of choice even if theyknow how much it will cost before they actually get care.
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