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November 15, 2019 11:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/vaZVSZsdpeI/white-house-unveils-rules-requiring-online-disclosure-of-hospital-prices
White House Unveils Rules Requiring Online Disclosure of Hospital Prices
schwit1 shares a report from The Hill: The Trump administration on Friday unveiled new rules to require increased disclosure of health care prices, in a move officials said would drive down costs by increasing competition. One regulation would require hospitals to provide a consumer-friendly online page where prices are listed for 300 common procedures like X-rays and lab tests. A second regulation would require insurers to provide an online tool where people could compare their out-of-pocket costs at different medical providers before receiving treatment. The rule announced Friday affecting hospitals is a final rule, set to take effect Jan. 1, 2021. The rule for insurers is still a proposal that is not yet finalized. "Hospitals and insurers will fight this. The last thing they want is consumers price shopping," adds schwit1.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/vaZVSZsdpeI/white-house-unveils-rules-requiring-online-disclosure-of-hospital-prices
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