Providers Paying Consumers $$$ for Sharing their EOBs
Here’s an interesting approach to exposing “true” health care prices (the negotiated price providers really charge for their services). As you well know, most providers and health plans are unwilling to share pricing information before services are delivered. In a bold move, two innovative health care providers are collecting contracted prices for services from consumers - for a reward. In April 2008, Alliance Community Hospital in Ohio launched a program offering consumers $100 if they share their EOBs so the hospital can find out how much health insurers paid for health care services received at rival hospitals. They received a lot of participation and this program is still active today. Just recently, Wuesthoff Health System in Florida announced a new transparency initiative offering consumers $100 in gas cards if they share cost information on health care services from providers in the surrounding area. This is an attempt to provide consumers with meaningful information on the true cost of health care services.
Transparency brings good things for consumers like:
- lower prices
- more innovative services
- expanded choices
- better patient care
Wouldn't it be nice to see more providers sharing true price information with consumers?