Health insurance companies partner to examine medical costs

May 21, 2014May 19, 2014 S.Vagus

Rising medical costs encourage companies to come together to shed light on the issue Three of the largest health insurance organizations in the United States have agreed to come together for the sake of a new research initiative that is meant to help develop a digital tool that could shed some light on the costs of medical care. These costs have become a major issue for many people and businesses throughout the U.S. and are somewhat shrouded in mystery. It is no secret that medical costs have been on the…

Skyrocketing health insurance rates blamed on higher price of medical care

May 23, 2012April 30, 2013

Rising costs from hospitals and other providers increase spending throughout downturn. Recent research is now showing that the heightened prices that were charged by outpatient centers, hospitals, and other healthcare providers were responsible for sending the cost of health insurance upward at twice the rate of inflation throughout the recession and economic struggle to recover. This was the case even as there was less consumption overall of medical care by patients. According to a Health Care Cost Institute report, In the case of outpatient surgery, emergency room visits, substance abuse…