Friday, March 22, 2013

Most of U.S. flunks health price transparency test: study

Twenty-nine states get a failing grade for price transparency in health care, while another six get a “D” grade, according to a study released Monday.

The 53-page joint report from the Health Care Incentives Improvement Institute and the Catalyst for Payment Reform, examined the strength of legislation requiring health price transparency. Only two states, Massachusetts and New Hampshire, earned an “A”. Utah was one of seven who earned a “C”.

While no state has implemented laws that meet all of their criteria, they graded on a curve to recognize the states with the most advanced laws to date. They expect that the curve will shift as transparency becomes more of a priority nationally.

You can read the report here.