Health Payer Intelligence spoke with Joel Ario, a managing director with Manatt Health, to find out how the lack of data and cost transparency is affecting the health insurance industry.
In a Q&A-style article, Ario explained concepts outlined in the "Liberating Data to Enable Healthcare Market Transparency: A Guide for Regulators and Policy Makers" report. When asked about how to face the challenges health payers face in cost and data transparency, Ario said:
"I do think that consumer education is an important part of this …. Increasingly, you want improvements in consumer literacy, which take not just data being available but, more importantly, consumer tools of the sort that you see on these web pages that help people sort through their options and understand them and help them become more literate consumers."