Sen. Dennis Algiere (R) and Rep. Brian Patrick Kennedy (D) have proposed the legislation in an effort to reduce variations in reimbursements for the same hospital services. Payors aren’t required to disclose the rates they pay different hospitals under current Rhode Island law.
The lawmakers also said the bill would help the uninsured know the best possible price for the services they need and help keep the healthcare insurance industry honest about pricing, according to the report.
Related Articles on Hospitals and Price Transparency:
Colorado Hospitals Say Price Transparency Bill Goes Too Far
Florida Physicians, Urgent Care Centers May Have to Post Prices on Signs
GAO Report Calls on HHS to Improve Healthcare Price Transparency
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
