Stethoscope and dollars Just 9% of adults nationwide are aware that hospitals must disclose prices for treatments and procedures online. (Photo: Shutterstock)

New hospital price transparency rules took effect Jan. 1 — requiring hospitals to supply detailed pricing information on their websites to allow for easy cost comparisons. But a new Health Tracking Poll from the Kaiser Family Foundation, a health policy analysis organization, reveals that “the vast majority of adults are unaware [of] or say this requirement does not exist.”

The new survey data finds that only 9% of adults nationwide are aware that hospitals must disclose prices for treatments and procedures online. Almost one-quarter of them say hospitals are not required to disclose pricing details, with the rest not sure what is required. Researchers note that “the low level of awareness of this newly adopted federal requirement is consistent across different age groups, income levels, and health status[es].” This is true even among individuals with chronic conditions who would be more likely to need hospital care.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?


NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

BenefitsPRO Broker Expo 2024Event

The premier educational and networking event for employee benefits brokers and agents.

Get More Information
 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.