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Hospitals to list prices under new federal rule

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Posted at 11:58 AM, Dec 27, 2018
and last updated 2018-12-27 14:58:19-05

WASHINGTON, D.C. (KGTV) -- Starting January 1, a new federal rule requires hospitals to post a list of prices online, detailing the services they provide, according to KRON.

The new law forces hospitals to post prices for every item and service they provide.

According to KRON, hospitals have hidden that information from the public in the past, claiming it’s proprietary information or would confuse people.

Few hospitals around the country post a small list of prices while others require patients to contact their healthcare provider or speak with someone in billing.

Hospitals warn that the prices listed will likely vary from the actual prices charged to customers due to rates negotiated with insurance companies.