Transparency In Hospital Pricing The Goal Of New Federal Law – But Will It Work?
When we talk about healthcare in this country, one of the most common complaints is the price tag—monthly prescriptions that chip away at retirement savings and emergency procedures that can cause bankruptcy.
With a new law that just went into effect this month, the federal government is trying to tackle at least some of the problem by requiring hospitals to be more transparent about their prices. But will it really keep us better informed? Here to speak about this is Anthony Wright, Executive Director of the health consumer advocacy group Health Access California.
Listen to the audio above for the full interview, including what’s changed, why hospital pricing is so complicated, and why the new law is unlikely to have a significant effect in California.