Report Card on State Price Transparency Laws - July 2016
The report card ranks 43 states as failing to produce adequate price information for health care.
Health Care News reported in the November 2016 issue:
Three states are acing health care price transparency, four more are scooting by, and 43 fail to produce adequate price information for patients, according to a report published by two organizations supportive of laws requiring states to pool prices from insurers and post them online.
States that collect health care costs from health insurers in an all-payer claims database (APCD) and mandate the data be published on a high-quality website earned grades of A, B, and C on the 2016 “Report Card on State Price Transparency Laws,” released by the Health Care Incentives Improvement Institute (HCI3) and Catalyst for Payment Reform (CPR) in July.
The report card also gave states high marks for reporting prices of medical facilities and providers, instead of only one of these, and for reporting the prices patients actually paid for services, as opposed to the full amounts providers charged.
The six highest-scoring states were Colorado, Maine, New Hampshire, Oregon, Virginia, and Vermont.
Arkansas, the only other state to receive a passing grade, earned a D and a recommendation the state post data from its newly established APCD on a publicly accessible website. The report card also suggested improvements for the 43 states it ranked as failing.