(cont'd from yesterday's post)
Tim Regan needed more information at the hospital. At the very least, he needed to know what all those procedures were going to cost before they were done to him.
A new rule just came out of U.S. Dept. of Health & Human Services that will go far toward correcting this situation. Private sector insurance must now reveal real-time price information including cost-sharing. Transparency of costs will help patients make their choices.
The HHS secretary says, “We want every American to be able to work with their doctor to decide on the healthcare that makes sense for them, and those conversations can’t take place in a shadowy system where prices are hidden. With more than 70 percent of the most costly healthcare services being shoppable, Americans will have vastly more control over their care."
Transparency is better than "shadowy" in the healthcare market. Now patients will have better information. That means more peace of mind.
from HHS
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