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Do you know what your healthcare services should cost you? You’re supposed to.
Recent federal regulations, part of the broader No Surprises Act, require hospitals to display prices of health services on their websites. The move is intended to create patient autonomy and help support price comparison. But only 9% of adults are aware of this rule — and that’s limiting their healthcare options.
K. Jared Wright is a Summer Reporting Associate with Employee Benefit News. Send pitches to Jared.Wright@arizent.com.
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Less expensive options and customized levels of support can help employers make these medications work within their benefits plan.
As healthcare costs climb, more large employers are contracting directly with hospitals and health systems to work out prices, improve quality and steer care.
Asking difficult questions, pushing for transparency, and challenging how prices are set have helped a healthcare provider offer better coverage to its employees.
The goal is to strike a thoughtful balance that supports employees during important life events while maintaining productivity, managing costs and ensuring equitable access.
With health benefit costs expected to rise 8.2% in 2027, employers are looking for ways to control spending without simply shifting more costs to workers.
