Wednesday, October 14, 2015

NPR: Pay Patients, Save Money

NPR's Planet Money podcast discusses a novel program to help patients save money on health care by cutting them in for a piece of the savings: "Pay Patients, Save Money".

Although not a fully market-based mechanism, it does show that patients can respond to incentive when they have "skin in the game".

For similar reasons, I support Health Savings Accounts and other market-oriented mechanisms to give patients more flexibility and control over their health spending.