No Surprises Act cuts patient out-of-pocket costs by $600 annually
No Surprises Act reduces out-of-pocket costs by nearly $600 annually per patient.
Why it matters
- Reduces financial burden on patients from surprise medical bills.
By the numbers
- $600 annual savings per patient.
- Study: 17,351 adults aged 19-64 with private insurance.
The big picture
- Law effective in cutting out-of-pocket costs.
- More policies needed to address premium spending and high burden medical costs.
What they're saying
- Comments express surprise that surprise billing was legal.
Caveats
- Premium spending unchanged.
- High burden medical spending not significantly reduced.
What’s next
- Further policy strategies to address healthcare affordability.