US EditionHow much will that surgery cost? 🤷 Hospital prices remain largely unhelpful.
- Hospitals and insurers posted voluminous and confusing price data on websites.
- Price transparency efforts began due to the industry long treating negotiated prices as trade secrets.
- Independent researchers found numerous problems with the quality and accuracy of the shared price data.
- UnitedHealthcare reported paying New York-Presbyterian different rates for a heart attack, including $47,000.
- Despite efforts, price transparency has had limited success in lowering costs or increasing competition.
15 Articles
15 Articles
Denver Post
Reporter HeraldHow a doctor used Colorado’s price transparency law to cut her hospital bill in half
Dr. Heather Falvo's attempt to use Colorado's hospital price transparency law succeeded in cutting her bill in half. Others may not be so lucky, since price information may be unusable to a layperson, but still comply with the law.
How much will that surgery cost? Hospital prices remain largely unhelpful.
It’s a holy grail of health care: forcing the industry to reveal prices negotiated between health plans and hospitals — information that had long been treated as a trade secret. And among the flurry of executive orders President Donald Trump signed during his first five weeks back in office was a promise to “Make America Healthy Again” by giving patients accurate health care prices. The goal is to force hospitals and health insurance companies t…
kffhealthnews.org
DataemiaHow Much Will That Surgery Cost? 🤷 Hospital Prices Remain Largely Unhelpful.
It’s a holy grail of health care: forcing the industry to reveal prices negotiated between health plans and hospitals — information that had long been treated as a trade secret. And among the flurry of executive orders President Donald Trump signed during his first five weeks back in office was a promise to “Make America Healthy Again” by giving patients accurate health care prices. The goal is to force hospitals and health insurance companies t…
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