Becker's Healthcare May 16, 2019
Federal officials are looking for ways to achieve greater price transparency in healthcare, according to The Wall Street Journal.
Six things to know:
1. The effort by President Donald Trump’s administration involves patients as well as insurers, hospitals and providers.
2. Federal officials want to require that physicians and hospitals provide patients with their total price of care up front, regardless of whether the healthcare provider is in the patient’s insurance network or not, according to the Journal, which cites people familiar with the discussions.
3. The people familiar with the matter also said the administration wants to require that insurers in the private-employer market publicize the rates they negotiate with providers for services.
4. The administration believes it can...
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