Cash Healthcare.com News

A shark comes for the pharmaceutical industry

February 24, 2023- by Nicole Russell -  A little over one year ago, Mark Cuban, the entrepreneur, Shark Tank investor, and one of America’s most famous billionaires, opened the “Mark Cuban Cost Plus Drugs Company.”

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Most to least expensive states for healthcare, ranked

November 2022 – By Les Masterson- 

Health care costs averaged over $10,000 per person in 2020, but the exact amount varied by state. We compared all 50 states and the District of Columbia across 11 key metrics using data from the Kaiser Family Foundation to determine which states are most and least expensive for health care.

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100 million adults have health-care debt — and 12% of them owe $10,000 or more

CNBC Personal Finance 

By: Sarah O’Brien-CNBC’s personal finance team-June 2022

An estimated 41% of adults face health-care debt, ranging from under $500 (16%) to $10,000 or more (12%), according to a new report

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PPI Releases New Report Rethinking Transparency in Health Insurance

WASHINGTON, The Progressive Policy Institute issued the following news release:

By Arielle Kane- June 2022

The Progressive Policy Institute (PPI) released a new paper today arguing United States policymakers should consider more aggressive ways to obtain health care pricing information from hospitals, which could effectively boost price transparency for patients. The paper is titled, "Rethinking health insurance: Can price transparency and cash pay help consumers?" and is authored by Arielle Kane, Director of Health Care for the Progressive Policy Institute.

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Oklahoma's price transparency rule to make healthcare more consumer friendly

By Alan Condon - Becker's Hospital Review - May 6, 2021

Oklahoma Gov. Kevin Stitt on May 3 signed into law a price transparency bill requiring healthcare providers, groups and facilities to make cash prices available to consumers for commonly provided services, Poncacitynow.com reports.

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Health care price transparency bill would be a win for taxpayers, employers and consumers

BY JIM STERGIOS AND CHARLIE CHIEPPO, OPINION CONTRIBUTORS - 07/21/20

 Prices for those who pay cash for health care are nearly forty percent lower than health plans pay for the same services.

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3092 Hits

It's time to reveal true cost of health care prices: Sen. Mike Braun

By Mike Braun FOX Business - June 30, 2020

I know firsthand that transparency is the trick to reducing the skyrocketing health care cost.

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2979 Hits

Opinion: How I paid cash for health care instead of using my insurance plan — and saved money

By: Harry Sit Founder of Advice-Only Financial November 9, 2019

Four years ago, $360 using insurance. This time, $161 paying cash.

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Paying cash for medical care could save you money

By: Marilyn Moritz l Reporter August 16, 2019

It sounds like a crazy idea to pay cash for doctors or medical procedures even if you have health insurance...

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3145 Hits

How Trump's Rule on Hospital Prices Could Help Consumers

By Lisa L. Gill - Consumer Reports - June 26, 2019

President's Trumps new rule could help consumers learn the cost of an MRI and other treatment before it happens....

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3041 Hits

West Health-Gallup survey: The Great Disconnect Between Perceptions and Realities of the U.S. Healthcare System

WASHINGTON, D.C. — April 2, 2019 — Americans are borrowing tens of billions of dollars, skipping treatments and significantly cutting back on household spending to pay for basic healthcare

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How cash-pay patients can beat high-deductible plans

April 28, 2019 By: MARTINE EHRENCLOU, MA | PATIENT 

Many of us now have high-deductible health insurance plans, which makes us “cash-pay” patients until we meet our deductibles.

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What To Do When You Desperately Need Help With Medical Bills

March 29, 2019 By: Casey Bond- Lifestyle reporter for HuffPost

There's a good chance at least some of your medical debt will be forgiven...

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Prescription drug prices can vary by thousands of dollars depending on where you buy them

March 5, 2019- (CBS News) 

The price of the same prescription drug can vary by hundreds or even thousands of dollars, depending on where you buy it, according to a new report by the U.S. 

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Patients With Primary Care Docs May Get Better Health Care

Feb. 4, 2019 By: Robert Preidt - HealthDay Reporter - One way to get better medical care and more value for your health care dollars is to find yourself a primary care provider, researchers say.

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Considering Cash—& Consumerism—In Service Line Planning

November 12, 2018 

By: Monica E. Oss - Chief Executive Officer & Senior Associate - OPEN MINDS 

 Most health care provider organizations don’t think about consumers paying cash directly for services—for good reason.

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8 ways to improve health care price transparency

 

September 20, 2018  By: Andis Robeznieks- Senior Staff Writer- AMA News    

  Patients are becoming active consumers of health care services, but a lack of transparency regarding the cost of those services hinders their ability to make true value-based decisions.

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20% of uninsured medical services in US are imaging related

August 30, 2018

By: Melissa Rohman - TriMed Media-

 New research from the University of Chicago found that 60 percent of Americans have been surprised to receive a medical bill that they thought would have been covered by insurance.

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2744 Hits

Golden ticket: 784 people get medical debt paid off by Kansas City-area doctors

Providers that care about your best interest 

By Andy Marso- The Kansas City Star 

July 25, 2018 

If you get a gold-colored envelope in the mail from a place called “RIP Medical Debt,” don’t throw it away. It’s not junk mail, it’s good news: A group of Kansas City-area doctors has paid your medical bills.

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Want to know what health care costs in Minnesota? You may be in luck. Minnesota legislation may lift the veil. It's passed the Senate and awaits action in House.

 

Helping health care consumers learn more about the subsidies, mandates and secret agreements that produce large disparities in prices paid for the same services is one of Jensen’s main aims with a bill he calls “a step, not a destination” toward lifting the “veil of secrecy” on health care pricing and tapping consumers’ “greatest resource of common sense.”

By D.J. TICE - Star Tribune- May 11, 2018

If state Sen. Scott Jensen, R-Chaska, gets his way, a startling medical innovation will soon be on its way to a primary care clinic near you. Like many aggressive therapies, it may not make you feel better right away. But in time it might, just might, prove to be part of a cure for what ails American health care.

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