Enforce Hospital Price Transparency
States should build on recent federal rules that require hospitals to provide more price transparency to patients by adopting stronger sanctions for hospitals that refuse to comply. Recent studies show most hospitals are not complying with the disclosure requirements, largely due to the lack of meaningful financial sanctions.
Require Insurer Price Transparency
States should ensure individuals can receive up-front cost information for shoppable health services (e.g., when making an appointment, within 72 hours, etc.).
FGA Applauds CMS's Price Transparency Final Rule
Naples, FL — Today the Centers for Medicare and Medicaid Services announced a new rule that will increase price transparency for medical services. The rule requires hospitals to release the real price of services in a machine-readable format, allowing patients to compare options and costs from their smartphones. “This is welcome news for patients across the country, giving […]READ MORE
Price Transparency Deserves Bipartisan Support To Jump Start The Economy
Patients are forced to play price roulette when they seek health care. Every decision they make, no matter how small, can have a real impact on the cost of their care—even parking their car at one building instead of another can mean the difference in hundreds or thousands of dollars for the exact same services. With […]READ MORE
FGA Applauds PRICE Transparency Act
Naples, FL — Today, Indiana Senator Mike Braun introduced his PRICE Transparency Act to shine more light on health care prices requiring hospitals and insurance companies to provide patients with the real costs of health care services. The Foundation for Government Accountability (FGA) offered the following response in praise as the bill builds on years of […]READ MORE
Price Transparency Will Deliver Real Results for Patients
The Trump administration is keeping the celebratory fireworks going with big changes in the health care industry. The White House recently announced an executive order taking bold action to increase price transparency and lower health care costs for American consumers. The order requires federal agencies to move forward in helping inform patients of actual prices ahead of […]READ MORE
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