Hospitals will be required to post online a list of their standard charges under a rule finalized Thursday by the Trump administration.
— Read on thehill.com/policy/healthcare/400279-new-trump-admin-rule-requires-hospitals-post-prices-online

This is a good start. Of course the charges are all made up anyway but this should force them to start lowering the prices the be in line with what they are willing to accept. Next I’d like to see hospitals post reimbursement rates from insurers so cash payers could compare self pay pricing with insurance based pricing and those needing non-emergent services could price (and value) compare different hospitals. It’s not always best to seek out the lowest cost, but knowing what the competition charges might bring about a lower price at the place that offers a better quality service.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s