Transparency Push Fails to Lower Health Care Costs
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Despite Trumps 2019 plan for health care price transparency, compliance has been poor and data is often incomplete. Instead of empowering patients to shop around, insurers and health systems use the data for negotiations. Experts argue that medical care isnt like shopping for apples, as prices vary based on insurance plans and emergencies. Both parties have attempted fixes, but the transparency push hasnt led to lower costs from patient power, fueling contract battles and a rise in rate negotiation startups.
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