Posted on 01/08/2021 5:24:24 AM PST by The Houston Courant
When President Trump signed an executive order for healthcare price transparency last year, hospital lobbyists fumed.
“Disclosing negotiated rates between insurers and hospitals could undermine the choices available in the private market,” American Hospital Association Executive Vice President Tom Nickels groused in anticipation of the order. “While we support transparency, this approach misses the mark.” Insurance-industry mouthpieces also demurred.
David Balat, himself a former hospital executive, has strongly advocated requiring healthcare providers to disclose the prices they negotiate with insurance companies. The reasons for this are straightforward: American patients shouldn’t be kept waiting until after undergoing a medical procedure to find out its cost; and foreknowledge of cost aids patients financially by letting them comparison shop. This ultimately puts downward pressure on the prices of medical services.
Balat, who now heads the Texas Public Policy Foundation’s Right on Healthcare initiative, has alarmingly observed hospitals ducking the new rule.
(Excerpt) Read more at houstoncourant.com ...
Imagine requiring those “heroes” to actually name a price up front. It’s treason!
This article is a Pack of lies .
Commie media agents like this asshole
want To push Socialist hell so hit pieces like these lies are spread .
The reason not to have medical and insurance price transparency is to raise prices. The rest is all BS.
“This article is a Pack of lies .”
No, it definitely is NOT. Why would you say a thing like that?!?
Excellent article!!! So they are avoiding Price Transparency, which is absolutely GOOD for us consumers, by paying the $300/ day fine instead. I despise these insurance and drug company scammers!
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