A new federal rule requiring hospitals to share rates for procedures and services is leading to debate. The rule requires hospital systems to post charges online in an effort to increase billing transparency, but some critics say the move will confuse consumers because those charges do not factor in insurance, other aid, and complicating factors. Those who support the rules say this is a step in the right direction in helping consumers make better-informed decisions about healthcare.
What do you think? Who should be able to tell you how much medical procedures cost? Hospitals? Insurance companies? Our guests discuss these questions and more. In studio:
- Tammi Imm, vice president of front end revenue cycle at Rochester Regional Health
- Carrie Fuller Spencer, chief financial officer for Strong Memorial and Highland Hospitals
- Anna Ka, Rochester resident