New rules from the Trump administration on Friday would require insurers and hospitals to disclose upfront the actual prices for common tests and procedures to promote competition and push down costs.
But the sweeping changes face stiff pushback from the health care industry. A coalition of major hospital groups quickly announced that hospitals will sue to block key provisions, which in any case don’t take effect immediately.
Even in an ideal world where information flows freely, patients and their families would have to deal with a learning curve to get comfortable with the byzantine world of health care billing. What sounds like the same procedure can have different billing codes depending on factors that may not be apparent to an untrained person.
We dive into the proposed changes.
With files from the Associated Press.
Shana Charles, assistant professor at the Department of Public Health at California State University Fullerton; former director of Health Insurance Studies at UCLA Center for Health Policy Research
Matt Fiedler, a fellow with the USC-Brookings Schaeffer Initiative for Health Policy; his research examines a range of topics in health care economics and health care policy