price negotiations

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Coming Soon: Haggling Over Health Care Costs

Will consumers engage more on cost when health insurance deductibles rise?

Imagine negotiating the price of your kid’s ankle surgery the same way you’d haggle over the cost of a new car: you don’t accept the original price quote of $37,000, so you appeal to the doctor in charge, and eventually, you manage to get the two-hour outpatient procedure done for $1,500.

That’s just how it happened for Jeff Rice, a Nashville MD and creator of the online tool, Health Care Blue Book, which allows consumers to figure out the true cost of treatment and, armed with comparison price data, helps them negotiate better deals with providers. Dr. Rice spoke to Here and Now’s Robin Young about his own negotiating experience and why, with health insurance deductibles rising, consumers are starting to get more engaged on the issue of cost.

CommonHealth would love to hear your story about negotiating health care costs. Please share it with us.