Low-Premium Insurance Patients Don't Just Focus On Cheapest Cost
Health plans that offer low premiums and high deductibles believe that patients with deductibles of $1,000 or more for individual coverage (or twice that for family coverage) will shop around for the best price to get their health care.
Not so, according to a new analysis by the USC Schaeffer Center for Health Policy and Economics and the RAND Corporation which examined consumer decisions with and without these so-called consumer-driven health plans (CDHPs) when receiving nine common outpatient services, like office visits, chest x-rays and colonoscopies.
CDHPs have gained traction in…