Medical Bills Often Come with Sticker Shock but Insurance Could be Reinvented to Provide Costs Upfront

The price of the doctor’s visit you calculated online might not reflect what you’ll be billed.
The price of the doctor’s visit you calculated online might not reflect what you’ll be billed.
chormail/Envato
Share
The price of the doctor’s visit you calculated online might not reflect what you’ll be billed.
The price of the doctor’s visit you calculated online might not reflect what you’ll be billed.
chormail/Envato
Medical Bills Often Come with Sticker Shock but Insurance Could be Reinvented to Provide Costs Upfront
Copy

You have scheduled an appointment with a health care provider, but no matter how hard you try, no one seems to be able to reliably tell you how much that visit will cost you. Will you have to pay US$20, $1,000 – or even more?

Patients are increasingly on the hook for health care costs through deductibles, co-pays and other fees. As a result, patients are demanding credible cost information before appointments to choose where they seek care and control their budget.

Yet, in spite of recent legislation and regulations, upfront information on patient out-of-pocket costs is still difficult to obtain from both health care providers and insurers.

Read the full article on The Conversation.

Longtime Public Media Leader Brings Decades of Experience to Rhode Island
Cities and towns could allow bars and restaurants to serve until 3 a.m. during select World Cup games
This week on Possibly we explain why the paper that receipts are printed on can add a lot of complications, for recycling, and for your health too
A beloved historic sign, saved from the scrap heap, faces a steep financial road back to the city skyline
Senate leaders are weighing whether to seek a Rhode Island Supreme Court advisory opinion before advancing the retroactive measure
Students and professors at the Rhode Island School of Design are divided over whether artificial intelligence is a creative tool, a threat to artists or both