Hospitals May Have to Publish Prices

March 4, 2008

A central belief fueling the growing promotion of “consumer-driven health care” is the idea that high deductible health plans will force people to take more of an interest in how much their health care costs, since they’re going to be paying more of it. The biggest supporters of this movement think informed consumers will force competition in health care delivery, lowering prices. As a Milwaukee newspaper notes, “Nowhere else in the economy do people buy a product or service without knowing the price.”