Massachusetts began pushing insurers to make pricing information more public two years ago, and it is now the only state to require insurers to provide real-time prices.
Although Massachusetts has changed the way consumers in the state shop for healthcare services, the prices do not always present the exact amount a patient will be charged. For instance, the price tag the insurer provides may not include a facility fee or the cost of reading a test, which the consumer would be required to pay. In addition, most of the pricing information available is for outpatient care.
More articles on healthcare costs:
Moody’s: 3 key trends affecting hospitals and health insurers this year
The rise of specialty drugs and healthcare costs: 6 things to know
Congress investigating rising generic drug prices
