high-deductible health plans

Tag archives for high-deductible health plans

Economists have suggested that people with traditional insurance coverage over-consume healthcare because each doctor visit or lab test requires a relatively low co-payment. If we paid more for each service – had “skin in the game” – the thinking goes, we’d be more judicious about the healthcare we consume and shop around for the best value. But evidence is mounting that asking people to pay more for care doesn’t turn them into smarter shoppers.

Findings from new and old studies suggest that requiring people to pay more for their healthcare results in less consumption of healthcare — but that’s not necessarily a good thing.