KHN column: The hidden costs of publicly financed health insurance

In his latest Kaiser Health News column, Austin Frakt writes: "The Patient Protection and Affordable Care Act continues the American tradition of privately provided, publicly subsidized health insurance. It's how most Americans' health insurance is financed today. But despite its advantages, there is a hidden cost to this arrangement: insurers have more information about health care coverage, spending and utilization than the taxpayers that help fund them. The system's opacity gives insurers the upper hand in debates over government payment rates" (4/26). Read entire column.

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This article was reprinted from khn.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.