So if I look at the reason why healthcare costs have skyrocketed is most of us are not price sensitive. We're not actually shopping around looking for better prices. And The number one reason that we don't do that is we don't have the information we need to know if there is procedures out there that we can actually look at prices. So first step to that is can we publish information online or have providers actually say what something costs? And then on the back end, if we're going to keep with all the health insurance, have an incentive. (00:29–00:37)
CLAIM
Asserts that lack of information is the main reason consumers do not compare healthcare prices.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
.png)