You deserve to know the real price of health care BEFORE you get care, just as you would with any other service or product. You deserve to have access to your own medical records, including financial information, such as payment and pricing. And you deserve to have the freedom to choose the kind of care you receive, at a price that works for your budget and needs.
That’s why the administration needs to hear from you on their latest price transparency proposal by January 29, 2020.
The proposed rules would require that insurance companies and health payment groups:
- Give you access to REAL healthcare prices BEFORE you receive care, so you can compare and choose what works best for you.
- Publicly post their prices for all covered benefits, including their negotiated rates, out-of-pocket estimates, and out-of-network prices.
- Post quality metrics about the healthcare providers, as well as your own electronic health information, in a real-time, easy-to-access, digital format.
These rules would help bring price transparency to our healthcare system, which would mean: no more guessing which provider has the best quality; no more surprise, exorbitant hospital bills; and no more searching for old medical records. Price transparency would drive down prices, increase competition, establish a true marketplace for healthcare, and ultimately improve health insurance rates and quality of care.
But it is urgent that you act now. Special interest groups, including hospitals, are trying to block your access to this information, going so far as to file a lawsuit against the administration. They don’t think you—the patient—deserve to know the real price of health care until AFTER, when you get the bill, even though they know what they are going to charge in advance. They don’t want you to know the secret price exchange between insurance companies and healthcare providers.
The healthcare system should support individuals over industry, and prioritize patient needs over special interests. This information belongs to you. And it is your right to know and access it.
Submit comments before 11:49 p.m. ET on January 29 to support price transparency in health care.
*Note: The proposed rules are the latest of a series of rules being drafted to create price transparency in our healthcare system. All comments will be directly sent to the U.S. Departments of Treasury, Labor, and Health and Human Services. If you’d like to share your story with your Members of Congress, please go to www.usa.gov/elected-officials. For more information on the price transparency rules, click here.