Lawmakers Question Why Hospital Pricing Isn’t Living Up to Transparency Goals
- Critics say price disclosures lag years after executive order
- Rules aim to rein in health costs that reach $4.3 trillion
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Hospitals’ compliance with US price transparency rules will be under the microscope when lawmakers question health experts and advocates in a hearing Tuesday in Washington.
Lagging adherence, a lack of standard price lists and low penalties for violators have watered down a policy meant to help patients shop for cheaper health care. In the hearing, the House Committee on Energy and Commerce’s Subcommittee on Health will examine where the rules fall short and how they can be improved, along with other obstacles to competition in health care.