Costs of Care is a 501c3 nonprofit that is transforming American healthcare delivery by empowering patients and their caregivers to deflate medical bills.
Currently medical bills are a leading cause of personal bankruptcy in the United States, even among the insured. Meanwhile, more than $750 billion dollars are spent each year on tests and treatments that needlessly inflate medical bills without helping patients get better. That is the same amount of money that the Department of Defense estimates we spent on the entire Iraq War.
We believe that Americans can get their $750 billion dollars back by trimming the fat out of medical bills – replacing or getting rid of the services that eat into our wallets without making us healthier.
Our approach has three steps:
ADVOCATE: creating a culture where caregivers are responsible for the cost and value of their decisions, take action to avoid waste, and help build the will for change
EDUCATE: giving caregivers the knowledge and skills they need to make cost-conscious, high-value decisions with their patients
SUPPORT: helping caregivers to deflate medical bills by using information technology and decision-support tools to put cost and quality information at their fingertips at the critical moment when medical decisions are made