Thirty-six of the nation’s 50 states received either a “D” or an “F” in a report card measuring the strength of health care price transparency laws, issued by two non-profit organizations.
“We know from studies that the price for an identical healthcare procedure performed in the same city can vary by as much as 700 percent, with no difference in quality,” said Francois de Brantes, executive director of HCI³. “When consumers shop for value, they can help rein in healthcare costs; but to do this, they first need timely and actionable price information.”