Tag: Price Gouging

Surgical price transparency tied to improved volume, revenue | Medical Press

Surgical price transparency tied to improved volume, revenue | Medical Press

(HealthDay)—Ambulatory surgery centers experience increases in patient volume, patient satisfaction, and revenue after adopting price transparency, according to a study published recently in The American Surgeon. Ambar Mehta, M.D., from Johns Hopkins University in Baltimore, and colleagues used data from six ambulatory surgery centers to characterize the impact of price transparency on a surgery center’s […]

Good for Patients: Trump Finalizes Rule Forcing Hospitals to Reveal Prices Online | LifeZette

Good for Patients: Trump Finalizes Rule Forcing Hospitals to Reveal Prices Online | LifeZette

The CMS rule goes further than current regulations, and it requires hospitals to share prices in a bid to “encourage price transparency” and enhance “public accessibility,” notes The Hill. The Trump administration is also looking into new ways to “allow consumers to more easily access relevant health care data and compare providers.” “The agency is considering […]

Missouri’s health-care exchange to see modest rate increases after years of huge hikes | St. Louis Public Radio

Missouri’s health-care exchange to see modest rate increases after years of huge hikes | St. Louis Public Radio

When Missourians go to healthcare.gov to buy health insurance, they likely won’t be shocked by double-digit increases this year, according to data filed Wednesday with the state’s insurance department. Three existing carriers — and one new entry into the market — will offer plans with smaller increases than previous years. Two insurers offering healthcare.gov plans […]

Draft E-Commerce Policy: Is It The Government’s Job To Fix Prices? | Bloomberg Quint

Draft E-Commerce Policy: Is It The Government’s Job To Fix Prices? | Bloomberg Quint

Not every stakeholder is convinced as India considers a policy that may force e-commerce companies, social-media websites and search engines to store their data locally and regulate anti-competitive policies such as deep discounts during online sales. According to the recommendations of the draft policy, a copy of which is available with BloombergQuint, such locally stored […]

99% of Americans don’t make this easy money-saving choice on health care | MarketWatch

99% of Americans don’t make this easy money-saving choice on health care | MarketWatch

You likely shop around to find the best prices for groceries, clothing, and electronics. But what about for medical procedures? If not, you should start today. Most Americans assume medical procedures are set at a relatively fixed cost, but they could be losing out on thousands of dollars a year by not shopping around, a […]

GUIDE: Hiring a car in Europe – how to get the best deal and not be fleeced | Express.co.uk

GUIDE: Hiring a car in Europe – how to get the best deal and not be fleeced | Express.co.uk

Rental companies charge around £15 a day for an excess waiver policy, compared to iCarhireinsurance.com which offers cover from £2.99 a day in Europe (or £39.99 for annual cover), and can be bought before leaving home, avoiding rental desk stress. The insurer found that travellers who rent cars are still baffled by the pricing structures, […]

Shopping for Health Care Simply Doesn’t Work. So What Might? | The New York Times

Shopping for Health Care Simply Doesn’t Work. So What Might? | The New York Times

But the identity of a patient’s orthopedist explains a lot more about where he or she got her M.R.I. than any other factor considered, including price and distance. Less than 1 percent of patients in the study sample availed themselves of a price comparison tool to shop for M.R.I.s before receiving one. By this reasoning, […]

Car rental companies charge Brits more as consumer groups slam rip-off | Express

Car rental companies charge Brits more as consumer groups slam rip-off | Express

It’s been revealed that top car rental companies are charging Brits more than other nationalities for car hire. A shocking investigation by The Daily Mail, Mail Online and consumer group A Spokesman Said found that both Avis and Europcar are charging different rates based on nationality. Nic McBride from A Spokesman Said blasted the disparity […]

Price Transparency in Healthcare Will Save Trillions | Economics21

Price Transparency in Healthcare Will Save Trillions | Economics21

While care is largely delivered by private insurers, hospitals, and physicians, each of those groups is influenced by price controls and regulations that stymie their entrepreneurial spirit. Too often, consumers experience “the system” as unresponsive behemoths. What’s more, health insurance obscures the true cost of care from patients, removing any incentive to shop for value, […]

Health Payer Introduces Price Shopping Tool to Drive Care Quality | Patient EngagementHIT

Health Payer Introduces Price Shopping Tool to Drive Care Quality | Patient EngagementHIT

Previously, Blue Cross NC has offered patients access to price transparency tool Blue Connect, which allows patients to view cost estimates for various procedures. While all patients will still have access to Blue Connect, Blue Cross NC will begin rolling out the SmartShopper tool to patients covered by one of the payer’s large employer-sponsored healthcare […]