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Expanding Transparency In Hospital Pricing
- Hsieh, Josie;
- Bajwa, Anmol;
- Sekhon, Ishaan;
- Li, Kathie;
- Russell, Mia;
- Sobhani, Sanoja;
- Kehribarian, Toros;
- Nobbir, Fabian
Abstract
Transparent and itemized billing will enable patients to fully understand all healthcare related costs. Through transparent billing, patients will be made aware of any and all costs before they consent to undergoing medical visits and procedures. Itemized billing breaks down healthcare bills by the individual costs of each fee and service to make it easier for patients to understand why they’re being charged. Transparent and itemized billing shown before patients visit hospitals and clinics ensure that patients won’t be blindsided by unexpected medical bills and can act in accordance with their financial capabilities.