Image credit: Kiyoshi Ota/Bloomberg
Most Americans know they have a credit score and they know how to see what that score is. But, most Americans have no idea that they have been assigned a health-risk score by their insurer. If these were better known, and better constructed, health insurance markets in the U.S. would work more smoothly.
Dr. Tim Ferris, Partners Senior Vice President for Population Health Management and Peter R. Orszag, President Barack Obama’s Director of the Office of Management and Budget from 2009 to 2010, take on this topic in an editorial for Bloomberg News this morning.
With more than 85 percent of U.S. physicians now using electronic health records, they argue it is time we started putting all that information to work making the health system more efficient. Orszag and Ferris conclude that personal health risk scores will go a long way toward ensuring fair payment for health-care services and better functioning insurance exchanges.
Read the entire piece here.