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University of Michigan: Helping Patients Shop Around for Health Care Could Control Costs Better Than Current System
July 13, 2019
ANN ARBOR, Michigan, July 13 [TNSresearch] -- The University of Michigan issued the following news release:

Most consumers haven't shopped around for standard medical procedures such as a knee replacement, but reference pricing could open that possibility for many services and lower health care costs at the same time.

Reference pricing is a cost-sharing mechanism with patients that gives them incentives to select lower-priced providers. While the idea of reference . . .

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