Higher drug and health care pricing is in the news frequently, with drug pricing getting more press coverage at the moment. Axios explains drug pricing is an issue, but it doesn’t cost patients as much as hospital pricing does. In general, the hospital industry tends to be silent about high prices. There is often a big price and quality variance for same medical procedure at different local hospitals that is unknown to patients prior to service. Medxoom enables pre-service price and quality comparison shopping based on a plan’s historical claims data, saving PPO plans 10%+ annually. Contact us today to learn more about our solutions to lower your healthcare costs.
“Axios reached out to 27 hospital systems that have some of the highest charges in the country, according to federal data. None said they would follow drug companies’ symbolic gestures and delay, freeze or lower their prices.“