AI Medical Assistants: Solving Medical Illiteracy to Reduce Health Care Costs

Article published by Harvard Law Schools Petrie-Flom Center: AI Medical Assistants: Solving Medical Illiteracy to Reduce Health Care Costs - Petrie-Flom Center

Key Excerpts

“Americans pay a portion of their own total health care costs as copayments and deductibles. This means that every time a consumer finds a way to reduce their own costs using an AI medical assistant, the federal government and insurance companies save money as well. As consumers become more informed, a shifting health care landscape is likely to occur, resulting in further economic gains for the government from population-level reductions in unnecessary procedures, improved adherence to effective treatments, and better-quality outcomes.

“Fixing medical illiteracy would better align the economic benefits of consumerism with Americans’ desire to decrease their annual health care costs. Increasing consumerism in U.S. health care is an opportunity for lawmakers to align the economic interests of their constituents with those of the federal government. Doing so can improve market operations, increase the benefits of other consumer reforms like the recent executive order on price transparency, and create a better health care market for all Americans.” 

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