A report from the RAND Corporation reveals that in 2017, the prices paid to hospitals by private health plans averaged 241 percent of what Medicare would have paid. Notably, there was wide variation in pricing among both hospitals and states, suggesting that employers have opportunities to redesign their health plans to better align hospital pricing with the value of care provided.
The report can be obtained at https://www.rand.org/news/press/2019/05/09.html.