So, Trump says he wants health cost transparency. What’s up with that?

So, Trump says he wants health cost transparency. What’s up with that?

So the Trump Administration issued an executive order on June 24, 2019, saying that it would set in place a process to make health prices available to consumers. Historically, of course, the prices people will pay to the doctor or hospital have been shrouded in secrecy — characterized as “trade secrets” by the hospitals, insurers […]

Medicare head asks Twitter to help enforce price transparency policy

Medicare head asks Twitter to help enforce price transparency policy

Seema Verma, the head of the Centers for Medicare and Medicaid services, called on Twitter a few days ago to help her enforce a new rule on health price transparency. The rule requires hospitals to post their list prices online. It went into effect on Jan. 1, and there was scant information about how it […]

The transparency conversation over hospital price lists: Scorn and more scorn

The transparency conversation over hospital price lists: Scorn and more scorn

The newly released hospital price lists have been kicking up a lot of commentary on Twitter, Facebook and LinkedIn. The lists, as we’ve been discussing, are being made public in compliance with a new Centers for Medicare and Medicaid Services rule that hospitals have to post all their list prices online as of Jan. 1. […]

Hospitals now have to post price lists. Does that mean instant transparency? Uh, no.

Filed Under: Costs, Health plans, Patients

Hospitals now have to post price lists. Does that mean instant transparency? Uh, no.

(Updated Feb. 9) Of course we support price transparency in health costs. We think all prices should be public all the time. So let’s examine the new Centers for Medicare and Medicaid Services (CMS) rule that hospitals should post their charges online in “machine-readable format” as of Jan. 1. This policy is a tiny step […]

Price estimates at the doctor’s office: Yes, it can be true

Price estimates at the doctor’s office: Yes, it can be true

Epic, the giant electronic medical records company, is offering a price estimate button that doctors can use in the office. Kristin Cain, a reproductive endocrinologist in North Dakota, posted this on Twitter: “EPIC has a button I just discovered: Patient Estimate. After you place an order, it estimates the out of pocket cost. Except if […]