Hospital Prices Can Be Clearer

 

January 24, 2019



On Jan. 1, 2019, a new law went into effect that requires all hospitals in the United States “to make public a list of their standard charges via the Internet in a machine readable format, and to update this information at least annually, or more often as appropriate.”

The reason for the law is that patients have been charged significantly different prices for the same tests or procedures in the same region. According to Centers for Medicare and Medicaid Services (CMS) administrator Seema Verma, it is not unusual for patients to see a 50-70 percent price discrepancy between two health...



For access to this article please sign in or subscribe.



 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2019