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This would allow you to choose your insurer based on rates and copays for common treatments - that could be a win even if there is only a single provider. Furt
by sailfast 7y ago
This would allow you to choose your insurer based on rates and copays for common treatments - that could be a win even if there is only a single provider.
Furthermore, if other competing providers see room to compete on price because of transparency you might actually get more providers.
- undersuit 7y agoMy insurer is provided by my employer, price transparency is going to change this?
- 0xffff2 7y agoIf you cared enough, it might influence your choice of employer. Also some employers offer plans from multiple insurers. At my current employer I can choose between a Kaiser HMO and a Cigna PPO.
- Sargos 7y agoEven in the high demand field of software engineering the vast majority of people don't have the option to choose between multiple jobs to take. You take what you can get. Not unlike healthcare in which you usually have no say in what healthcare you get when you need it.
- subhobroto 7y agoAgreed. It's insane the employer gets to dictate what doctors I get to see! How is that even reasonable and acceptable? I wrote a response to this article here: https://news.ycombinator.com/item?id=20281150 https://news.ycombinator.com/item?id=20281150 Would love any input!
- sailfast 7y agoIf your employer is of smaller size, they will have greater leverage to match rates with larger plans because of transparency which could help you a great deal. Further, your company could have leverage with their insurance broker to provide better pricing / options based on public data.