3 ms·

I generally think this is a very good step in the right direction. The only negative that I've heard voiced by some people (here on HN) was that the penalty for

I generally think this is a very good step in the right direction. The only negative that I've heard voiced by some people (here on HN) was that the penalty for non-compliance is negligible (if I remember correctly, something like a few hundred dollars; I don't remember if a few hundred dollars in all, or per day, but for a hospital both are a rounding error). Edit: The penalty is $300/day [1] [1] https://www.hhs.gov/about/news/2019/11/15/trump-administration-announces-historic-price-transparency-and-lower-healthcare-costs-for-all-americans.html https://www.hhs.gov/about/news/2019/11/15/trump-administrati...

jerry1979 6y ago
Do we know if this will expose physician fees? If not, I imagine physicians could charge the patients, then physicians and hospitals could settle the difference on the backend. In other words, a potential downside of partial sunlight could come from the fact that providers may want to move costs/charges around to obscure prices therefore making the system even more inefficient.
- IG_Semmelweiss 6y ago
  that's not possible. At least not possible on a large scale. there are strict regulations (AKS and Stark) governing hospital <> Provider pay payments. Any pay in excess of medical services FMV will be toxic to pay out and could land both hospitals and providers in big trouble.