“Consumers are being asked to pay more as healthcare costs rise,” said Suzanne Delbanco, PhD, executive director of CPR, in a news release. “They have a growing number of resources that are beginning to help them compare healthcare providers for differences in quality, but few to none that help them compare prices.”
Groups that have endorsed the statement include the AFL-CIO, the National Business Coalition on Health, The Leapfrog Group, CalPERs and more than 20 major companies such as Boeing, Walmart, Walt Disney, Delta and General Electric.
The groups’ statement on price transparency in healthcare included four parts:
• Consumers must have meaningful information about healthcare prices and quality.
• Hospitals, physicians, health plans and others must make that information available.
• Self-insured employers should be able to use their claims data to develop their own health plan benefit designs.
• Current antitrust laws must be enforced to ensure providers and health plans don’t use price data in an anticompetitive manner.
More Articles on Healthcare Price Transparency:
7 Characteristics of Continuously Learning Healthcare Systems
9 Current Employer Healthcare Spending Trends
Hospital Price Disparities Draw Ire, Scrutiny From Public
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