Well being-Insurance coverage Suppliers Start Publishing Costs for Medical Care

Well being-Insurance coverage Suppliers Start Publishing Costs for Medical Care

Insurers and employers started publicly posting the costs they pay for healthcare providers starting from physician visits to lab exams, vastly increasing a federally mandated effort to unveil the long-secret charges.

The brand new knowledge is coming within the type of large, machine-readable digital information, usually in codecs not simply accessible to customers, posted totally on insurers’ web sites. The Facilities for Medicare and Medicaid Companies set a deadline of July 1 for the info to be launched, with some huge insurers releasing knowledge by the early morning hours Friday, together with Elevance Well being Inc.’s Anthem, Cigna Corp. and Humana Inc., in accordance with Turquoise Well being Co., an organization compiling the info.

https://www.wsj.com/articles/health-insurance-providers-begin-publishing-prices-for-medical-care-11656685249