Low-value care: paying full price for little benefit
Value Based Care? How about "No-Value Care?"
Imagine receiving healthcare services that do little to nothing improve your health, but being charged full price for it. It’s a reality for many Americans with employer-sponsored insurance or Medicare.
A recent report from the Health Care Cost Institute revealed how "no-value care" impacts individuals and the broader healthcare ecosystem. These are services with minimal or no clinical benefit, often unnecessary or outdated.
Why does this matter?
- Financial Strain: Billions are spent annually on care that provides little value.
- Patient Risk: Unnecessary procedures can lead to complications, anxiety, or even harm.
- Systemic Impact: Every dollar spent on no-value care is a dollar not invested in essential, high-value services.
This isn’t just a policy issue—it’s a human issue. Each service represents a patient, a family, a story.
What can be done?
- Empower patients with information to ask, “Is this necessary?”
- Promote evidence-based practices among providers.
- Foster alignment between payers and providers to prioritize value over volume.
What can YOU do? As a benefits professional, employer, or policymaker, you can champion smarter healthcare decisions. It take all of us to work towards a system that truly delivers valuable care—not just services for fees.
What do you think about "No Value Care?"
Link to the HCCI report here: https://lnkd.in/eUnUjxVE
Originally posted on LinkedIn, where the discussion and source links live in the comments.