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