This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Most States Fail To Make The Grade In Health Care Price Transparency For Consumers

"It should be concerning to every lawmaker in the country that 18% of the U.S. economy is shrouded in mystery," explains de Brantes. "Without price information, how can we possibly expect consumers to act in a value-conscious way? It is a duty of every state to protect its residents from unfair trade practices, and health care consumers are, for the most part, completely left to fend for themselves."

In the private sector, many health plans, employers, and an increasing number of other vendors have developed consumer price transparency tools that make price information more accessible to consumers. While these tools continue to evolve, none yet meet all of CPR's Comprehensive Specifications for Consumer Transparency Tools. They also suffer from missing data and many consumers do not have access to them. While private sector progress has been publicized, little has been done to evaluate and compare state level efforts regarding transparency.

Last fall several large national employers, labor, business coalitions and consumer groups issued a call to action to health plans and providers to share price information with consumers. Delbanco noted, "We know there is more plans and providers can be doing. Laws and forthcoming legislation can provide powerful motivation to be more transparent. We hope this report card spurs states to act to help consumers further."

March 20 WebinarOn March 20 from 1:00-2:00 p.m. ET, CPR and HCI 3 will host a webinar to discuss the Report Card on State Price Transparency Laws, examining and grading the price transparency laws in all 50 states. Register at http://catalyzepaymentreform.givezooks.com/events/webinar-on-report-card-on-states-price-transparency-law.

About Catalyst for Payment Reform  Catalyst for Payment Reform is an independent, non-profit organization working on behalf of large employers and other healthcare purchasers to catalyze improvements in the way healthcare services are paid for and to promote better and higher value care in the United States.

About the Health Care Incentives Improvement Institute, Inc.The Health Care Incentives Improvement Institute, Inc. (HCI ) is a non-profit multi-stakeholder umbrella organization for Bridges to Excellence ® and PROMETHEUS Payment ®. The mission of the organization is to create significant improvements in the quality and affordability of health care by developing and implementing programs that recognize and reward physicians, hospitals and other health care providers that deliver safe, timely, effective, efficient, equitable and patient-centered care. HCI 3 offers a comprehensive package of solutions to employers, health plans and coalitions to improve the flawed incentives that currently permeate the U.S. health care system.

SOURCE Health Care Incentives Improvement Institute and Catalyst for Payment Reform

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,191.37 -195.84 -1.13%
S&P 500 2,002.16 -27.39 -1.35%
NASDAQ 4,637.9940 -43.5030 -0.93%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs