Morning Briefing
Summaries of health policy coverage from major news organizations
Study: Flying Blind On Hip And Knee Implant Costs, Insurers Reimburse Far More Than Hospitals Spend On These Devices
[A] new study in the Journal of the American Medical Association reveals they are paying more than twice what hospitals do for devices inserted into hundreds of thousands of patients every year. This overpayment trickles down to patients in the form of higher premiums, say the study’s authors, but with regards to patient safety, the lack of information about manufacturers means it’s nearly impossible to track the performance of the implants ... commercial insurers paid an average of $10,605 for knee implants, while hospitals paid an average of $5,023 to get the devices from manufacturers. The difference was even greater for hip implants — $11,751, compared to $5,620. (Ross, 2/28)