Half of patients get cost estimates before treatment, TransUnion finds

For the report, TransUnion surveyed 3,000 people in September who received healthcare treatment in the past 12 months. The portion of patients who received cost estimates prior to treatment is up a little year over year. TransUnion said more can be done to improve cost openness for clients, specifically as out-of-pocket expenses continue to grow in general.

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Morgan Haefner –
Wednesday, October 21st, 2020

Fifty-three percent of patients stated they get clear cost estimates before seeing a supplier for treatment, according to a new report from expert TransUnion Healthcare..

TransUnion stated out-of-pocket expenditures stay near to their highest levels year over year. When compared to 2019, average inpatient out-of-pocket costs are down 5 percent to $5,002, however outpatient out-of-pockets expenses are up 6 percent to $1,095. Typical out-of-pocket expenses for emergency situation department care are down 7 percent to $485.

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