Enlarge / Miami Beach, Fire Rescue ambulance at Mt. Sinai Medical Center hospital. ] (credit: Getty | Jeffrey Greenberg/)
Since 2021, federal law has required hospitals to publicly post their prices, allowing Americans to easily anticipate costs and shop around for affordable care—as they would for any other marketed service or product. But hospitals have mostly failed miserably at complying with the law.
A 2023 KFF analysis on compliance found that the pricing information hospitals provided is "messy, inconsistent, and confusing, making it challenging, if not impossible, for patients or researchers to use them for their intended purpose." A February 2024 report from the nonprofit organization Patient Rights Advocate found that only 35 percent of 2,000 US hospitals surveyed were in full compliance with the 2021 rule.
But even if hospitals dramatically improved their price transparency, it likely wouldn't help when patients need emergency trauma care. After an unexpected, major injury, people are sent to the closest hospital and aren't likely to be shopping around for the best price from the back of an ambulance. If they did, though, they might also need to be treated for shock.
Read 8 remaining paragraphs | Comments
