PRICE TRANSPARENCY NOT LIVING UP TO OBJECTIVE – YET
The requirement that hospitals post transparent information about their prices is not yet leading consumers to do more price shopping before obtaining care. Instead, to the degree that hospitals are fulfilling the requirement at all, the data they share is mostly used by other hospitals and insurers to aid in their negotiations with one another. Even when hospitals post the required data – many still do not – that data often is not presented in a way that is useful, or even comprehensible, for consumers. In addition, it can be difficult for consumers to make apples-to-apples comparisons between providers because [...]
