Report Card on State Price Transparency Laws

Source: Catalyst for Payment Reform and the Health Care Incentives Improvement Institute, March 18, 2013

…The objective of this research was to determine how much pricing information each state makes accessible to the consumer. As a result, we allocated more points to states with laws requiring that information be posted on a public website than to those with provisions for releasing a public report, making the information available upon request, and only releasing the information to a specific state agency. Within each of the four levels of transparency, we allocated higher points to the broadest scope of price, services, and providers. For instance, releasing information specific to both what was paid for a service and what was charged for that service is more meaningful than only releasing what was charged. Charges often are of little value to consumers; the amount that is actually paid for the service, particularly the amount that the consumer is responsible for paying, provides the most actionable information. Similarly, releasing pricing information for all inpatient and outpatient services and for all hospitals and providers, rather than just the most common services or a subset of providers, is more meaningful to the consumer. As a result, we allotted a higher point value to the broader scope of services/providers…
Related:
29 States Get ‘F’ For Price Transparency Laws
Source: Russ Mitchell, Kaiser Health News, March 18th, 2013