Medical Xpress January 1, 2025
When the idea of price transparency first took hold outside purely academic circles, the pitch was simple: Coloradans would save themselves and the system money by shopping for health care the way they do for TVs or cars.
But shopping for health care has proven more difficult than buying consumer goods. A poll released in August found about 69% of surveyed Coloradans who needed hospital care attempted to find out what it would cost them in advance, but only about 43% succeeded.
And while health care costs might be higher if the federal and state governments had never required hospitals and insurance companies to post prices, the cost of covering a family with commercial insurance has gone up 24% nationwide...
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