Health care price controls inflate costs: study. (Milliman & Robertson report): An article from: National Underwriter Property & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on May 3, 1993. The length of the article is 430 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: An analysis of utilization in the Medicaid program, by actuarial firm Milliman & Robertson, revealed that health care price controls in fact raise costs instead of lowering them. In a study commissioned by the Council for Affordable Health Insurance, utilization rates for the federally run and price-controlled Medicaid program were found to be three times higher than those for private insurance. The study attributed the higher rates to low provider reimbursement levels, the absence of cost-sharing and hospital tax benefits for Medicare services. Higher utilization produced per-person costs in excess of twice those for private insurance, according to the study.

Citation Details
Title: Health care price controls inflate costs: study. (Milliman & Robertson report)
Author: Steven Brostoff
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: May 3, 1993
Publisher: The National Underwriter Company
Issue: n18 Page: p8(1)

Distributed by Thomson Gale