Thursday 23 October 2014

Knowing prices tied to lower healthcare spending

By Andrew M. Seaman NEW YORK (Reuters Health) - People who search and compare the prices of common healthcare services tend to spend a bit less than people who don’t, according to a new study. The overall amount of money people and their employers spent on office visits, laboratory services and imaging tests was between $1 and $125 less than normal when they looked up the prices ahead of time, researchers found. “It makes sense,” said the study’s lead author Christopher Whaley, from the University of California, Berkeley. “If you give them the information on services, they respond to it. ... via Health News Headlines - Yahoo News Read More Here..

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