Last year, a non-profit called Costs of Care sponsored a national essay contest, inviting people to submit anecdotes “illustrating the importance of cost awareness in medicine.” One of the winning entries concerned a billing error for inserting an IUD. Before the procedure, the patient learned (via “a few keystrokes”) that the cash price would have been $843.60. Insured, her out of pocket cost was to have been about $200. Instead, she received a bill for $1,100 that took months to sort out.
Scholars who write at certain other health blogs and journals will use this story as further evidence of the need for a massive national investment in Health IT, along with Patient-Centered Medical Homes, Accountable Care Organizations, adherence to “meaningful use” standards, et cetera.
Such scholars fail to identify the real culprit: Over insurance. Read the entire article here.