Business Leaders Urge Inclusion of Healthcare Price Transparency in the Next COVID-19 Stimulus – By Brittany Bernstein (National Review) / July 20 2020
A group of economists and business leaders urged Congress on Monday to include healthcare price transparency in the next COVID-19 stimulus package.
In a letter sent to President Trump and other GOP leadership, signatories — including former House speaker Newt Gingrich, Forbes Media chairman and CEO Steve Forbes, former state treasurer of Ohio Ken Blackwell and Vanderbilt University economics professor Larry Van Horn — expressed support for the Health Care PRICE Transparency Act, which would require hospitals and insurers to publish their cash prices and secret negotiated rates in an easily accessible place online.
The letter says the bill, which was recently introduced by Senate Republicans, “would force hospitals and insurers to disclose real prices.”
“This is commonsense legislation that simply requires that the health care industry provide consumers and patients with the same information that every other industry provides.”
Continue to article: https://www.nationalreview.com/news/business-leaders-urge-inclusion-of-healthcare-price-transparency-in-the-next-covid-19-stimulus/
