Patients deserve more transparency and accuracy about costs, Arielle Kane writes.
U.S. hospitals for the first time this year had to divulge all their prices under a new federal rule, and it's made very obvious how wild rates vary at hospitals, even just a few miles apart.Back in July, federal regulators began requiring that health insurers disclose their prices for the services they cover both in- and out-of-network.
The idea is to help health care consumers better understand what their co-pays and liabilities may be depending on where they go for care.
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