# Tag: Price Transparency

## [Don’t Ask Hospitals How Much Your Care Will Cost, Ask Your Insurance](/content/dont-ask-hospitals-how-much-your-care-will-cost-ask-your-insurance/index.html)

Imagine you’re planning a cross-country road trip. You know you’ll hit toll roads along the way, but here’s the catch: every toll booth gives you a different answer about how much you’ll pay in total. Some give you an average, others offer a wide range of options, and some just shrug. You’re told to get \[…\]

## [Engaging Patients with Transparent Pricing and Bundled Services](/content/engaging-patients-with-transparent-pricing-and-bundled-services/index.html)

In one of her popular songs, Alanis Morissette sang about having “ten thousand spoons when all you need is a knife.”  Paying for healthcare can feel that way sometimes. There are plenty of messy, less-than-ideal methods for patients to pay their bills, whether it’s health insurance copays, deductibles, coinsurance, or cash payments, that’s a lot \[…\]

## [Price Transparency Update Coming in 2022](/content/price-transparency-update-coming-in-2022/index.html)

When it comes to healthcare, the government typically has two options for incentivizing specific actions. They can either provide a carrot, or a stick. In the case of price transparency, the government went with the stick approach, with a penalty of $300 a day for noncompliant hospitals beginning as of 01/01/2021. However, they will be bringing out a bigger stick shortly, with an increase in penalties slated for 2022.

## [Price Transparency – How did we get here, and what comes next?](/content/price-transparency-how-did-we-get-here-and-what-comes-next/index.html)

Since 2015 there have been several attempts by CMS to advance Healthcare Price Transparency. As a bipartisan issue by all administrations, CMS has launched multistage processes trying to address this sore and complex topic.