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Using Publicly Available Health Plan Pricing Data for Research and App Development

May 2023
Full study

Publicly reported insurer price transparency files provide new information on healthcare prices, but they lack important context on utilization and episode-level costs and adjustments. Combining price transparency data with claims is necessary to accurately assess provider prices and healthcare cost variation.

The CMS price transparency rule requires insurers to publicly post machine-readable price data to help consumers, employers, and researchers better understand healthcare costs. However, questions remain about whether these files accurately reflect real-world prices and can be reliably used for research, price comparison, or consumer decision-making without additional context.

Published in Health Affairs Forefront, this study compared Elevance Health’s publicly reported price files with administrative claims data to assess how representative the price data are. Using colonoscopy as a case study, the analysis found that price files alone do not fully capture the nuances of actual costs and should be supplemented with claims data to support accurate research and consumer tools.

Topics

  • Price transparency requirements
  • Analysis
  • Key findings
  • Recommendations

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