consumer driven health care
Alex Tabarokk discusses CDH’s and notes that:
“Cost-savings in the first year of instituting a CDH plan relative to a traditional plan ranged from 12% to 21%, remarkably large figures. Moreover, costs appear to grow more slowly under CDH plans than under traditional plans.”
Something to think about. It certainly helps support the claim that putting the cost and the consumer closer together keeps costs in check. Even better, it appears participants didn’t avoid preventative care:
Generally, all of the studies indicated that cost savings did not result from avoidance of inappropriate care and that necessary care was received in equal or greater degree relative to traditional plans. All of the studies reported a signficant increase in preventative services for CDH participants.