- - Tuesday, June 25, 2019

ANALYSIS/OPINION:

Patients can and should know what their medical expenses cost. However, they currently have no incentive to find out because in large part those costs are paid by a third party, their medical insurance. A solution for this problem is to give patients an incentive to research these costs and find providers and hospitals that offer the same needed services at a significantly lower cost. This could be done by offering those patients a reduction in their medical deductible payment based on those savings. If this were done, competition between hospitals as well as competition between doctors would increase, and the costs of medical care would decrease.

DANIEL P. HARLEY

Glen Arm, Md.

Sign up for Daily Opinion Newsletter

Copyright © 2019 The Washington Times, LLC. Click here for reprint permission.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide