Opinion: Bringing transparency to the notion of price transparency
Health care price transparency is making headlines again. In late July, in accord with a recent presidential executive order, the Centers for Medicare and Medicaid Services issued a proposed rule requiring hospitals to make more price information publicly available.
The growing interest in price transparency isn’t limited to one side of the aisle or one branch of government. Republican and Democratic members of various committees in both the House and the Senate have introduced bills to advance price transparency, each with its critics and proponents. Nor are the calls for transparency all coming from the top down. Private groups representing different perspectives in the health care system, including hospitals, medical societies, insurers,
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