Re:How to combat healthcare benefit costs as a startup
by brudgers on Friday November 19, 2010 @02:21PM
(#1922425)
The link provides access to documents discussing attrition bias in the original Rand survey. In summary, statistical analysis indicates that patients in the high co-pay groups dropped out at a greater rate when they required hospitalization.
Newhouse also writes:
"All the Experimental cost-sharing plans had a stop-loss feature that was at most $1,000 for medical spending for the entire family for a year and less for lower income families. (The $1,000 is in late 1970s dollars, which is about $3,400 in 2007 dollars if one inflates by the all-items Consumer Price Index.)"
In other words,the cap on out of pocket expenses was roughly equivalent to three or four months worth of family health insurance premiums in today's market.
http://www.rand.org/health/projects/hie/documents/b_newhouse...
Newhouse also writes: "All the Experimental cost-sharing plans had a stop-loss feature that was at most $1,000 for medical spending for the entire family for a year and less for lower income families. (The $1,000 is in late 1970s dollars, which is about $3,400 in 2007 dollars if one inflates by the all-items Consumer Price Index.)"
In other words,the cap on out of pocket expenses was roughly equivalent to three or four months worth of family health insurance premiums in today's market.