Friday, November 30, 2007

"Working as Intended" 

Consumer Choice is Sizzling in the Market

By Greg Scandlen

Filed As:  Budget and TaxEconomic principlesHealth CarePrivatization

Consumer Driven Health Care is doing exactly what we predicted it would do. As consumers take more responsibility for their own health care spending they are changing their behavior -- choosing lower cost alternatives, investing in prevention, complying with treatment programs, and seeking out information. As a result, health care costs for CDH plans are rising at one-third the rate of PPO/HMO plans and enrollment is growing at the fastest rate of any benefit innovation of our lifetimes -- faster than IRAs, 401-Ks, or HMOs.

Consumers for Health Care Choices released a paper (PDF link) this month compiling the growing body of empirical evidence that shows these trends, and comparing that to the negative arguments that are all based on biased survey data and outdated opinion pieces. 

There is a health care revolution underway and it is becoming increasingly difficult for even the most hostile opponents of consumer choice to deny the evidence.

 

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