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Hospital prices must now be transparent: For many consumers, they re still anyone s guess
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Despite rule, consumers still hunting for hospital prices
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Jul 6, 2021
A colonoscopy might cost you or your insurer a few hundred dollars or several thousand, depending on which hospital or insurer you use.
Long hidden, such price variations are supposed to be available in stark black and white under a Trump administration price transparency rule that took effect at the start of this year. It requires hospitals to post a range of actual prices everything from the rates they offer cash-paying customers to costs negotiated with insurers.
Many have complied.
But some hospitals bury the data deep on their websites or have not included all the categories of prices required, according to industry analysts. A sizable minority of hospitals have not disclosed the information at all.
Hospital prices must now be transparent For many consumers, they re still anyone s guess | State & Regional
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WHYY
By
Julie ApplebyJuly 2, 2021
Many hospitals around the country, including Medstar Washington Hospital in Washington, D.C., have started sharing their prices online in compliance with a recent federal rule. (Daniel Slim/AFP via Getty Images)
A colonoscopy might cost you or your insurer a few hundred dollars or several thousand, depending on which hospital or insurer you use.
Long hidden, such price variations are supposed to be available in stark black and white under a Trump administration price transparency rule that took effect at the start of this year. It requires hospitals to post a range of actual prices everything from the rates they offer cash-paying customers to costs negotiated with insurers.