The 2018 survey, based on responses from 781 Medicare Advantage beneficiaries, found only 17 percent of respondents had a price estimator that could help them estimate the cost for a health service, such as imaging, a test, a procedure or surgery. Fifteen percent of survey respondents said they had a tool that could predict provider visit costs.
The plurality of respondents — 69 percent — said their Medicare Advantage plan doesn’t offer them a price estimator, according to the survey.
More articles on payers:
Arizona Medicaid work requirements approved
Hackensack Meridian drops ER copays, deductibles for government workers
76% of physicians oppose New York City mayor’s healthcare for all plan, poll finds
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
