The Laura and John Arnold Foundation in August announced a series of grants, totaling an investment of $3.4 million, would take aim at rising health costs in private markets.
According to a press release, the grants would be used to define the main drivers of rising costs, formulate evidence-based policy recommendations and support governments and employers interested in deploying those solutions.
“Americans pay extraordinarily high prices for hospital and physician services that are reflected in their insurance premiums and cost-sharing,” LJAF Vice President of Health Care Mark Miller said in a statement. “And we are seeing more stories in the news about surprise bills exposing patients to excessive charges not covered by their insurance.”
About the Laura and John Arnold Foundation
The Laura and John Arnold Foundation’s core objective is to improve the lives of individuals by strengthening our nation’s social, governmental, and economic systems. Its investments are focused on criminal justice, education, health care, and several other key areas. LJAF has offices in Houston, New York City, and Washington, D.C.