RAND report: Hospital prices surge above Medicare rates in 2022 news-medical.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news-medical.net Daily Mail and Mail on Sunday newspapers.
Most medical decisions are made without knowledge of cost because that information has traditionally been unavailable, resulting in consumers being frustrated when surprised by a medical bill. In the U.S., employer-sponsored healthcare plans cover 91% of U.S. workers, and employee benefit costs are the second highest expenditure employers face, behind salaries.1 As employers
2022 MAY 27 By a News Reporter-Staff News Editor at Health Policy and Law Daily Prices paid to hospitals during 2020 by employers and private insurers for both inpatient and outpatient services averaged 224% of what Medicare would have paid, with wide variation in prices among states, according to a new RAND Corporation report. “Employers can use this report to.