Can Health Insurance Innovations Reduce Prices and Drive Cost-Effective Care?

Policy Forum
March 29, 2017
12:00PM to 1:30PM EDT
Hayek Auditorium, Cato Institute
Featuring James C. Robinson, Leonard D. Schaeffer Endowed Chair in Health Economics and Policy; Director, Berkeley Center for Health Technology, University of California–Berkeley; Mark V. Pauly, Bendheim Professor of Health Care Management, Business Economics, and Public Policy, Wharton School of Business, University of Pennsylvania; moderated by Michael F. Cannon, Director of Health Policy Studies, Cato Institute.

Third-party payers, private and public, have difficulty restraining healthcare prices, which are typically opaque and all over the place. A new insurance feature — known as “reference pricing” or “reverse deductibles” — has dramatically reduced prices, made prices more transparent to consumers, and spurred consumers to switch to lower-cost providers, all by making consumers cost-conscious. Please join us as we discuss this new innovation and direction in health-care pricing.