The Catalyst for Payment Reform and the Health Care Incentives Improvement Institute just released their third annual report card on state price transparency laws. Here are key features of the report:
·
90% of states (45)
fail to provide adequate price information to consumers.
·
In 2013, 29 states
received an F score for price transparency.
·
Massachusetts dropped
from a B to an F when it put responsibility for price transparency on health
plans.
·
After getting an F in
2014, New Hampshire received the only A on the list for launching NH
HealthCost.
·
About one-third of
patients currently receive some degree of pricing information.
·
80% say they valued
price transparency on par with bedside manner in choosing a healthcare
provider.
Source: Health Care Incentives Improvement Institute, July 8, 2015
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