On Monday, June 24, President Trump directed a slew of federal agencies to start working on several transparency issues, including forcing hospitals and payers to reveal privately negotiated rates. Providers will also be expected to provide patients with an estimate of their out-of-pocket costs before a procedure.
Elected in part...National News
According to a widely reported May 2018 study, "The Price Ain’t Right? Hospital Prices and Health Spending on the Privately Insured," researchers found hospital prices rather than physician charges drove healthcare spending growth for the privately insured.
The authors of the study argue that because most healthcare pricing data...National News
Always available upon request, prices for procedures are now posted online to encourage patients to exercise their healthcare literacy to make market decisions - first lesson: it's not what you'll pay.
Because the list price isn't what price your insurance company pays, critics say CMS' new rule may not be effective when it comes to...Arizona News
Provide a self-pay pricing tool to uninsured, low-income patients and make it work.
“Copa Care” was created. Self-pay prices to be posted on its website for the 10 most frequently requested inpatient and outpatient procedures. The policy was fully implemented in March 2013, making MIHS the first system in Arizona to post their...