Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

U.S. Consumers Equate Cost With Quality

EUGENE, Ore. (UPI) — If American consumers are asked to choose a healthcare provider based only on cost, they choose the more expensive option, U.S. health officials said.

Study leader Judith H. Hibbard of the University of Oregon in Eugene said consumers equate cost with quality and worry lower cost means lower-quality care.

However, higher costs may indicate unnecessary services or inefficiencies, so cost information alone does not help consumers get the best value for their healthcare dollar, the researchers said.

Hibbard and colleagues studied 1,400 employees in a randomized experiment to find out how they responded to different presentations of quality and cost information.

The study published in Health Affairs found that when consumers were shown both cost and quality information, they were better able to choose high-value healthcare providers — defined as those who deliver high-quality care at a lower cost.

“This study has important implications for the more than 150 public reports on physician and hospital care,” Dr. Carolyn M. Clancy, director of the Agency for Healthcare Research and Quality, part of the U.S. Department of Health and Human Services, said in a statement.

“It’s not simply a question of providing information on cost, but providing it in a way that is integrated with quality scores.”

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “U.S. Consumers Equate Cost With Quality”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.