Posted on 07/02/2021 3:58:23 PM PDT by blam
A recent survey found that only 9% of adults are aware that hospitals are now required to post their prices for services online. As of January 1, 2021, hospitals must list the prices of common health services on their website, under the hospital price transparency rule finalized by the Trump administration.
The Kaiser Family Foundation Tracking Poll found that the vast majority of American adults do not know that this requirement exists that would allow them to shop for better prices for medical services. According to Fierce Healthcare, 69% said they are not sure hospitals are supposed to disclose their prices for treatments and procedures and 22% erroneously said they aren’t required to do so.
The data was reported this week by Peterson-KFF Health System Tracker, a collaboration between the Peterson Center on Healthcare and the Kaiser Family Foundation. The survey revealed an extremely low awareness for the Centers for Medicare & Medicaid Services’ (CMS) price transparency ruling for hospitals that went into effect on the first day of this year.
The survey found the same lack of awareness across income levels, age groups and health status. However, only 4% of non-Hispanic Black American were cognizant of this ruling. What the survey also discovered is that people who did comparison shop for hospital prices were more likely to be between the ages of 18 and 39. Nearly 25% of this age group compared prices versus only 9% of those older than 65.
Respondents in families with incomes of $40,000 or more were also more likely to seek prices than those with incomes under that threshold. The Peterson-KFF Health System Tracker analysis found that many hospitals are not complying with the one or more requirements of the CMS’ mandate, and this has prompted the agency to send out warnings...
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(Excerpt) Read more at newsmax.com ...
Actually, I did know this. RPOTUS established this as part of his reforms.
Meaningless.
Hospitals are going to wind up nationalized.
You would be wrong. Trump touted this policy initiative of his at every single rally during the 2020 campaign, and every time he mentioned it, he ruefully would say: "You better not let Biden get in so he'd take credit for this..."
“Actually, I did know this.”
So did I. Anyone who didn’t either gets their news from the legacy media, or they get none at all.
Another Trump Administration victory for the people, which the Democrat media did their best to ignore.
The TX employees insurance has dumped Baylor Scott and White as of the upcoming Sept. enrollment period. This may be why. They would double charge patients and charge for things not done. They’d send bills out for years later. A total scam.
Yes, this was something I recall being discussed. Another of numerous accomplishments of the Trump Administration no one knows about both because it wasn't reported and the Trump campaign couldn't be bothered to highlight as part of the campaign to the voters...one of the absolute worst media campaigns in history while allowing Biden to run rings around them. So frustrating...should not have been close enough for them to stuff ballots...but they sure allowed them to do it.
Biden ran rings around them? He barely left his basement to talk to eight or 10 people!
Now, I'm embarrassed that I didn't know. I should have known.
I remember them talking about it, but it doesn’t really matter. When you need a hospital you need a hospital, usually not in much of a shopping around situation.
Just spent 4 days in hospital. Never saw a price list or a sign.
I just looked at Mobile Infirmary. They have it. You have to download a spreadsheet. I guess it might be useful, but I wonder if what they post is all inclusive. They had a standard charge, a minimum and maximum negotiated charge, and several other columns going through “O” on the spreadsheet. When I went in for a heart attack/cardiac arrest I wish I had this to compare prices.
I've been looking for you.
We can’t say, depends on your insurance policy.
Dumb idea...100’s of prices for the same procedure...retail/cash price, Medicare price, 50 different state Medicaid prices, medical insurance company #1-150 negotiated prices, etc..
If you’re having a heart attack and call an ambulance, are you seriously going to shop the internet to find which hospital is going to charge you the less?
Loved the principle of the idea when Trump announced it, but I’m going to go with whomever my insurance covers, meaning I’m not shopping around.
I can't recall the total but I recall that my insurance company was billed $17,000 for the hip....the hunk of titanium that they implanted in me.
When you have a rare...or advanced...cancer you want to be in New York City rather than Ottumwa,Iowa.
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