Researchers analyzed two large employers who offered an online healthcare price transparency tool to their employees.
Here are six takeaways:
1. In the year before the tool was introduced, mean outpatient spending among employees was $2,021.
2. One year after introducing the tool, mean outpatient spending among employees was $2,233.
3. After researchers adjusted for demographic and health characteristics, there was a total mean spending increase of $59 in the outpatient setting.
4. Mean outpatient out-of-pocket spending among employees offering the tool was $507 in the year before introducing the tool.
5. In the year after the tool was introduced, mean outpatient out-of-pocket spending was $555.
6. In the first 12 months of introducing the tool, only 10 percent of employees used it at least once.
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