STAT

If prices are kept hidden, consumers can’t take more responsibility for their health care costs

High-deductible insurance plans require consumers to take greater responsibility for their health care costs. How can they if prices are kept hidden?

When my brother bought a car, I helped him research different makes and models. We were able to compare the performance, safety, and pricing of his top choices before stepping into any dealerships. He was able to test drive the cars before making a final decision. I stood by as he haggled with the salesperson to get to a price that worked for both of them. It was a little higher than my brother could cover on his own, but the dealership was prepared with different lending options.

Throughout the process, my brother knew what his options were, how much they would cost, and how he would pay for his car.

A month later, our mother was suddenly diagnosed with cancer. She was immediately admitted to the hospital to undergo emergency

You’re reading a preview, subscribe to read more.

More from STAT

STAT2 min read
STAT+: Pharmalittle: We’re Reading About An Amgen Obesity Drug, A Senate Bill On Shortages, And More
Amgen will no longer develop an early-stage obesity pill, and will instead focus on a more advanced injectable candidate to compete with Wegovy and Zepbound.
STAT2 min read
STAT+: Brain Biopsies On ‘Vulnerable’ Patients At Mount Sinai Set Off Alarm Bells At FDA, Documents Show
A STAT Investigation: Brain biopsies on "vulnerable" patients at Mount Sinai set off alarm bells at FDA, documents show.
STAT2 min read
STAT+: Pharmalittle: We’re Reading About A Boy Dying In Pfizer Trial; AstraZeneca Yanking Covid Shot, And More
A young boy died in a clinical trial for an experimental Pfizer gene therapy for Duchenne muscular dystrophy, about a year after receiving the therapy.

Related Books & Audiobooks