4 Insurers To Supply Health Claims Data to Researchers
|September 20, 2011||Posted by Kiwon Yoo under Blog||
Aetna, Humana, Kaiser Permanente and the UnitedHealth Group will provide newly created nonprofit, the Health Care Cost Institute, claims data on a regular basis to study the rising costs of health care. These four insurers will supply information on more than five billion medical claims, representing more than $1 trillion in spending; about $2.6 trillion is spent in the US on health care, and is expected to increase by 80% in the next decade.
This unusual move by private insurance providers is a step towards greater transparency. Qualified researchers will analyze the data, and publish cost/utilization summaries twice a year. While the reports will be accessible to the public, the data will not, and will not include any identifying information about patients, doctors or other care providers.
Coventry Health Care, and Blue Cross and Blue Shield Association companies WellPoint, Health Care Service Corporation, and Highmark round out the top ten insurance providers by membership. BCBS has yet to announce plans to participate in this project.