The Laws of Price Transparency: What Patients & Providers Need to Know
As healthcare continues to become a more consumer-driven industry, price transparency has become one of the most important elements for consumers navigating the patient financial journey. Improving clarity and accessibility surrounding healthcare costs allows consumers to make more informed decisions and engage in the billing process. New legislation rolled out over the last two years calls on insurers and healthcare providers to disclose the costs of each item and service they provide.