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Nonstop Wellness Blog

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With A High Deductible, Even A Doctor Can Shortchange His Health - Kaiser Health News

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Dan Gorenstein writes this must-read for Kaiser Health News, highlighting one research physician’s personal experience on a high deductible health plan when he had an emergency, and how it plays into his research on HDHPs and consumer health. 

Read the full original article from Kaiser Health News.

Ashish K. Jha is Professor of Health Policy at the Harvard T.H. Chan School of Public Health, the Director of the Harvard Global Health Institute, and a practicing Internal Medicine physician at the VA Boston Healthcare System. Even with all of his experience, he still rolled the dice on a possible heart attack to avoid a large emergency room bill on his HDHP.

“Last year, Amitabh Chandra (a fellow Harvard health policy economist) and three colleagues looked at what happened after a Fortune 100 company switched 75,000 well-paid, tech-savvy employees into high-deductible plans. What they found closely mirrored Ashish Jha’s personal pattern. Workers — both the healthy and the sick — skipped out on care indiscriminately. “Prevention, imaging, or drugs, consumers were cutting back on all those,” Chandra said.” 

The article goes on to discuss how healthcare “consumers” aren’t really consumers in the traditional sense of economy, and most, even after years on a HDHP, still don’t know how to shop around for the best price.

Employers can help their employees get effective care at an affordable cost by knowing the best healthcare options available for their organization. Learn more about those options in our guide, Know Your Options: Best Practices for Employee Healthcare Purchasing:

Download the Guide Now! 

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The information and materials herein are provided for general information purposes only and are not intended to constitute legal or other advice or opinions on any specific matters and are not intended to replace the advice of a qualified attorney, plan provider or other professional advisor. This information has been taken from sources believed to be reliable, but there is no guarantee as to its accuracy. In accordance with IRS Circular 230, this communication is not intended or written to be used, and cannot be used as or considered a ‘covered opinion’ or other written tax advice and should not be relied upon for any purpose other than its intended purpose