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Patient Responsibility News

Price Transparency Essential to Lower Out-of-Pocket Patient Costs

November 6, 2018 - Price transparency and clarity within the chronic care management medication supply chain will be essential for reducing out-of-pocket patient costs, according to a new report from the Congressional Diabetes Caucus. The report, which focuses on high insulin costs, outlines the murky relationship between different players in the insulin supply chain, noting that limited transparency is...


Articles

Retirees Need More Savings for Out-of-Pocket Healthcare Costs

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Retired Medicare beneficiaries need to see their savings accounts swell by 9 percent if they want to cover their out-of-pocket healthcare costs, according to new data from the Employee Benefit Research Institute (EBRI). Those...

Health Payer Incentive Program Supports Patient Drug Price Shopping

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UnitedHealthcare has announced plans to offer a rewards program for patients who seek out lower-cost drug options. This comes as part of the health plan’s efforts to put a cap on prescription drug spending and empower patients to...

Patient Financial Struggles Suggest Need for Better Payment Plans

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Over one-quarter of families are delaying medical care because of cost concerns and high patient financial responsibility, according to a recent survey conducted by ORC International on behalf of AccessOne. Payment plans and other...

Breaking Down HHS Drug Advertisement, Price Transparency Proposal

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A storm is brewing between the Department of Health & Human Services and the pharmaceutical industry, as experts on both sides debate drug advertisements and requirements for consumer-centered price transparency. Causing the debate is...

How to Create Patient Satisfaction During the Bill Pay Process

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As the healthcare industry continues to be marked by high patient financial responsibility and out-of-pocket costs, practice leaders strive to ensure the bill pay process yields high patient satisfaction. After all, a positive experience...

CMS Proposes Drug Price Transparency in Ads Amidst Pharma Pushback

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A CMS proposal could require drug manufacturers to offer full price transparency in direct-to-consumer advertisements, a move that could be met with legal pushback from the nation’s pharmaceutical trade groups. The CMS proposal...

How Patient Experience in Billing Offices Impacts Patient Payments

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A poor patient experience with the hospital billing department can have an impact on patient payments and financial responsibility, according to a new survey published by Connance. The Connance Consumer Impact Survey of 2018, which...

Premiums, Deductibles Increase as Patient Healthcare Costs Rise

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Healthcare costs are continuing to be burdensome for patients, even when patients have health payer coverage, according to a recent survey from the Kaiser Family Foundation. More patients have health plans with a deductible, meaning the...

Bipartisan Proposal to Protect Patients from Surprise Medical Bills

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A bipartisan group of senators have banded together to propose draft legislation that, if passed, could address the growing issue of surprise medical bills and their impacts on patient healthcare costs. The bill, co-sponsored by Senators...

Health Pros Nudge Senate Toward Care Quality, Price Transparency

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Healthcare policymakers are hearing from industry leaders about how they can support better care quality and price transparency tools aimed at helping patients make informed decisions about their care. At a hearing of the Senate Committee...

Health Payer Coverage Access Cuts Patient Financial Strains

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Patient access to comprehensive health payer coverage has reduced patients’ financial strains, according to new research from the University of Michigan Institute for Healthcare Policy & Innovation. As patients gain access to...

Patients Say US Drug Prices “Unreasonable,” Need Gov’t Attention

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Seventy-seven percent of patients believe US drug prices are “unreasonable,” but most don’t approve of current government solutions to combat high drug costs, according to a recent survey conducted by NORC at the...

67% of Patients Worry About Surprise Medical Bills, Healthcare Costs

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Unexpected medical bills are the biggest healthcare and financial concern on patients’ minds, according to a recent poll from the Kaiser Family Foundation. The survey, which included responses from nearly 1,200 adult patients, found...

Complex Health Plan Benefits Give Rise to Surprise Medical Bills

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Fifty-seven percent of healthcare consumers have received a medical bill that they thought to be covered by their healthcare payers, according to a recent survey from NORC at the University of Chicago. Patients perceive these surprise...

Senate Moves Toward Drug Price Transparency in Consumer Ads

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Better drug price transparency in direct-to-consumer marketing plays a key role in a funding package that has recently passed in the Senate. In a bipartisan amendment funding both the Health, Education, Labor, and Pensions (HELP) and...

Refining Price Transparency Tools to Increase Patient Use, Cut Costs

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With patient financial responsibility posing a challenge throughout the healthcare industry, more healthcare experts are looking to price transparency to help patients make healthcare decisions and potentially decrease healthcare...

How Medication Overutilization Drives Out-of-Pocket Healthcare Costs

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Medication overutilization is costing patients thousands of dollars in out-of-pocket healthcare costs, according to a recent report from the AARP. Specifically, unnecessarily prolonged prescription of dementia medications is running up a...

Retail Chain Deals to Improve Patient Care Access, Care Coordination

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A new partnership between healthcare payer Anthem and Walmart will improve patient care and more affordable access to over-the-counter (OTC) medications. The program, set to launch in January 2019, will allow beneficiaries of...

Healthcare Costs Limit Patient Access to Care for DoD Beneficiaries

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Patients enrolled in the Department of Defense’s military health plan are facing high healthcare costs, hampering adequate patient access to care and patient satisfaction, according to a recent survey from the Military Officers...

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