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MR imaging was most searched medical term regarding cost in 2023, says FAIR Health

Press releases may be edited for formatting or style | February 15, 2024 Insurance MRI
Uterine fibroids—medication options; and
Kidney dialysis.
This list features decision aids developed in connection with three separate grant projects: (1) an initiative to advance shared decision making for scenarios related to palliative care, funded by The New York Community Trust; (2) an initiative to advance shared decision making for conditions pertinent to patients of color, funded by the New York Health Foundation; and (3) an initiative to advance shared decision making for conditions particularly relevant to older adults, funded by The John A. Hartford Foundation.

Most Frequently Visited Total Treatment Cost Bundles
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FAIR Health Consumer's medical cost lookup tool provides access to FH® Total Treatment Cost bundles. With these, users can view the typical costs for all components of care for certain chronic and acute conditions and event-based procedures. The most frequently visited bundles in 2023 were:

Vaginal delivery;
ADHD and hyperkinetic syndrome; and
Rheumatoid arthritis.
In 2023, consumers showed a strong interest in identifying costs for giving birth, with vaginal delivery and C-section ranking as the two most frequently visited total treatment cost bundles. Cost scenarios not included on the list in 2022, but included in 2023, were colonoscopy and ADHD and hyperkinetic syndrome, which replaced hysterectomy and knee arthroscopy. Rheumatoid arthritis was one of the most utilized FH Total Treatment Cost bundles in both years but fell from third place in 2022 to fifth place in 2023.

About FAIR Health
FAIR Health is a national, independent nonprofit organization that qualifies as a public charity under section 501(c)(3) of the federal tax code. It is dedicated to bringing transparency to healthcare costs and health insurance information through data products, consumer resources and health systems research support. FAIR Health possesses the nation's largest collection of private healthcare claims data, which includes over 44 billion claim records and is growing at a rate of over 2 billion claim records a year. FAIR Health licenses its privately billed data and data products—including benchmark modules, data visualizations, custom analytics and market indices—to commercial insurers and self-insurers, employers, providers, hospitals and healthcare systems, government agencies, researchers and others. Certified by the Centers for Medicare & Medicaid Services (CMS) as a national Qualified Entity, FAIR Health also receives data representing the experience of all individuals enrolled in traditional Medicare Parts A, B and D; FAIR Health includes among the private claims data in its database, data on Medicare Advantage enrollees. FAIR Health can produce insightful analytic reports and data products based on combined Medicare and commercial claims data for government, providers, payors and other authorized users. FAIR Health's systems for processing and storing protected health information have earned HITRUST CSF certification and achieved AICPA SOC 2 Type 2 compliance by meeting the rigorous data security requirements of these standards. As a testament to the reliability and objectivity of FAIR Health data, the data have been incorporated in statutes and regulations around the country and designated as the official, neutral data source for a variety of state health programs, including workers' compensation and personal injury protection (PIP) programs. FAIR Health data serve as an official reference point in support of certain state balance billing laws that protect consumers against bills for surprise out-of-network and emergency services. FAIR Health also uses its database to power a free consumer website available in English and Spanish, which enables consumers to estimate and plan for their healthcare expenditures and offers a rich educational platform on health insurance. An English/Spanish mobile app offers the same educational platform in a concise format and links to the cost estimation tools. The website has been honored by the White House Summit on Smart Disclosure, the Agency for Healthcare Research and Quality (AHRQ), URAC, the eHealthcare Leadership Awards, appPicker, Employee Benefit News and Kiplinger's Personal Finance.

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