With family and individual health insurance costs on the rise, the concept of cost-sharing has been discussed on a variety of levels. It has been seen that charging consumers directly for part of their health care costs might put poor and sick people in harm’s way, as they may avoid seeking treatment to avoid paying for part of the cost. Many argue that for the healthy, though, cost-sharing is a good option. Recent studies suggest that moving toward even more cost-sharing will not, however, lead to very significant savings for group or individual health insurance.
Click here to read the full article by Austin Frakt for the New York Times.