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Rewards, cash-back programs incentivize lower healthcare spending

from Health Payer Intelligence

Rewards, cash-back programs incentivize lower healthcare spending Health Payer Intelligence Payers can reduce unnecessary healthcare spending by incentivizing consumers to choose lower cost healthcare providers, a study from the Pioneer Institute focusing on Massachusetts-based payers discovered. “Healthcare prices widely vary across Massachusetts, however provider price variation is generally not associated with quality. Just because a service is expensive does not mean that it is of higher quality than a lower-cost service,” the researchers pointed out. READ MORE

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