HHS Secretary Azar Wants Employers to Help Control Health Care Costs
Secretary Azar discusses the importance of supporting an initiative to decrease “backdoor rebates” used by drug companies. He states that employers can enhance quality of care by avoiding these rebates and contracting directly with hospitals. Increased competition in the healthcare market would ultimately reduce unnecessary costs at the patient level.
“We need new levels of competition in health care so that market forces can increase quality and drive down costs, just like they do throughout the rest of our economy. We need transparency around price and quality so that individual consumers and, in some cases, third-party payers can drive that transformation.”
Read the full article here.