Doo you believe price transparency initiatives help

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Case Study: Many states and the federal government have price transparency regulations. The textbook provides examples from the Washington State Hospital Association and New Hampshire's HealthCost. Please review these two programs. Search for additional price transparency examples and review the contents and information provided. After reviewing the sites, please respond to the following questions.

Questions:

  • Doo you believe price transparency initiatives help the average American better understand the cost and quality of the services at various hospitals?
  • Is there enough information to help a patient choose the best physician and hospital for treatment?
  • Does the healthcare industry do a sufficient job in providing this information when compared to other industries? For example, how does this compare to the Truth in Lending Act used by the financial industry which requires certain information be provided to borrowers when taking out a student loan or a mortgage?

 

Reference no: EM133434447

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