The requirement for hospitals and insurers to post negotiated prices for health care services has been in effect for almost four years, but the impact on patient costs remains unclear. There is bipartisan support for price transparency, but there are concerns about the potential reversal of regulations under the Trump administration. While some progress has been made in making pricing information more user-friendly, many hospitals are not fully compliant. Studies show that there has been some decrease in prices for the most expensive services, but the overall impact on consumer behavior and costs is still uncertain. Congress and advocacy groups continue to push for greater transparency and enforcement of price posting regulations.
Source link