What the Trump administration gets right about hospital price transparency
5 years, 1 month ago

What the Trump administration gets right about hospital price transparency

Salon  

New federal regulations finalized Nov. 15 require hospitals to make public all the prices they negotiate with insurers and health plans, starting in 2021. Under the new regulations, hospitals, which account for about one-third of all health care costs, also have to divulge the actual rates paid by health plans and insurers for those same codes. I believe health care desperately needs the cleansing effects of transparency, which can help reduce spending without hurting quality or access to care. Consumers and voters know something is seriously wrong with health care prices; they just don’t know what they can do about them.

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Employers lobby to keep health care prices transparent in hopes of containing costs
3 weeks ago

Employers lobby to keep health care prices transparent in hopes of containing costs

NPR  

Employers lobby to keep health care prices transparent in hopes of containing costs toggle caption Zach Gibson/Getty Images It seems simple: Require hospitals and insurers to post their negotiated prices for most health care services and — bingo — competition follows, yielding lower costs for consumers. Employers are using transparency data to try to slow growth of their health care …

The Fight for Drug Pricing Transparency
55 years ago

The Fight for Drug Pricing Transparency

LA Times  

California Attorney General Rob Bonta recently led 21 attorneys general in filing an amicus brief in Pharmaceutical Res. The amicus brief, filed before the Ninth Circuit Court of Appeals, supports Oregon’s defense of House Bill 4005, an Oregon law that requires pharmaceutical manufacturers to report certain information about specific new prescription drugs and historical information about pricing for existing drugs. …

Hospitals Forced To Be More Transparent About Pricing. Will That Save You Money?
4 years ago

Hospitals Forced To Be More Transparent About Pricing. Will That Save You Money?

NPR  

Hospitals Forced To Be More Transparent About Pricing. The new data requirements go well beyond the previous rule of requiring hospitals to post their "chargemasters" — the hospital-generated list prices that bear little relation to what it costs a hospital to provide care. Instead, under the new rule put forward by the Trump administration, "these are the real prices in …

White House unveils finalized health care price transparency rule
5 years, 1 month ago

White House unveils finalized health care price transparency rule

Salon  

Hospitals will soon have to share price information they have long kept obscured — including how big a discount they offer cash-paying patients and rates negotiated with insurers — under a rule finalized Friday by the Trump administration. It is part of an effort by the Trump administration to increase price transparency in hopes of lowering health care costs on …

'The Price We Pay' Argues Rising Health Care Costs Undermine Public Trust In Medicine
5 years, 2 months ago

'The Price We Pay' Argues Rising Health Care Costs Undermine Public Trust In Medicine

NPR  

'The Price We Pay' Argues Rising Health Care Costs Undermine Public Trust In Medicine Enlarge this image toggle caption Catie Dull/NPR Catie Dull/NPR Americans are losing trust in their doctors, says Dr. Marty Makary in his new book, The Price We Pay: What Broke American Health Care — and How to Fix It. Sponsor Message "When you shed your coat …

Trump Team's Bid To Make Hospital Costs More Transparent Is Data-Heavy
5 years, 5 months ago

Trump Team's Bid To Make Hospital Costs More Transparent Is Data-Heavy

NPR  

Trump Team's Bid To Make Hospital Costs More Transparent Is Data-Heavy Enlarge this image toggle caption Kevin Wolf/AP Kevin Wolf/AP Shopping around for the best deal on a medical X-ray or a new knee? To help consumers, the proposal would also require hospitals to provide information on 300 "shoppable services" — say a knee replacement — and include the price …

Trump Administration Pushes To Make Health Care Pricing More Transparent
5 years, 6 months ago

Trump Administration Pushes To Make Health Care Pricing More Transparent

NPR  

Trump Administration Pushes To Make Health Care Pricing More Transparent Enlarge this image toggle caption Carolyn Kaster/AP Carolyn Kaster/AP Updated 4:03 p.m. President Trump signed an executive order Monday on price transparency in health care that aims to lower rising health care costs by showing prices to patients. Sponsor Message "The president knows the best way to lower costs in …

It’s the for-profit health care industry telling us we can’t afford Medicare for All
5 years, 9 months ago

It’s the for-profit health care industry telling us we can’t afford Medicare for All

Salon  

The most important question about Medicare for All is a simple one: If other industrialized countries can afford to offer high-quality universal health care to their citizens, why can’t the United States? In a seminal paper published in 2003, Uwe Reinhardt and Gerard Anderson found “it’s the prices, stupid” that set the U.S. health care system apart. We have a …

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