Shopping car with health supplies A recent study found that consumers traveled an average of 26 minutes for the procedure, passing an average of six places offering cheaper prices.

Consumers who drive a hard bargain when shopping for a house or car seldom do the same when seeking health care. "People don't shop for health care the way they shop for other services," said Zack Cooper, an associate professor at the Yale School of Public Health.

Cooper analyzed 2013 claims from a national health insurance carrier, focusing on lower-limb MRIs. He found that consumers traveled an average of 26 minutes for the procedure, passing an average of six places offering cheaper prices. The policyholders had access to a price-shopping tool, but fewer than 1% of them actually used it, according to Cooper's research.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.