Dive Brief: Senate Finance Committee Ranking Member Ron Wyden, D-Ore., introduced a bill Wednesday that would require health insurers to tell beneficiaries what the out-of-pocket costs would be for any in-network procedure or prescription drug they seek. The Health Care Price Check Act stipulates that commercial insurers, as well as Medicare plans, provide an online tool… Read More »
Seema Verma, administrator of the Centers for Medicare and Medicaid Services, wants healthcare providers to improve their cost transparency as patients need to know the price they will pay for their treatments. “Can you imagine going to the grocery store, getting the groceries you need for a week, but never knowing the price of your… Read More »
Healthcare prices continue to rise across the country, according to a new study. Over a five-year period, healthcare prices increased in 111 out of 112 metro areas analyzed by the Health Care Cost Institute. The outlier was Durham-Chapel Hill, N.C., where prices dropped 5% from 2012 to 2016, HCCI’s analysis of 1.78 billion commercial health… Read More »