Health Plans Pay Twice As Much As Medicare
In a report and accompanying dataset released last week, the Oregon Health Authority (OHA) shows that in 2019 commercial insurers paid Oregon hospitals double what Medicare paid for the same services. The weighted average shows hospitals were paid 178% of the comparable Medicare fee-for-service (FFS) rate for inpatient hospital services and 247% for outpatient hospital services. This means employer-sponsored plans pay far more for hospital services, which costs businesses more in premiums, and costs people more in deductibles, co-pays and other out-of-pocket expenses. "The pandemic has...