Report Finds That Most Hospitals Aren’t Complying With Price Transparency Rules … The findings come as President Joe Biden has proposed fining noncompliant hospitals up to $2 million annually.
The vast majority of hospitals across the country aren’t transparent about their pricing and Hawaii isn’t immune to that national trend, according to a new report by a national consumer advocacy group.
The nonprofit Patient Rights Advocate sampled 500 hospitals in the U.S. and concluded more than 94% aren’t complying with six-month-old rules that require hospitals to post certain price estimates online.
The rules requiring price transparency stem from a 2019 executive order by former President Donald Trump. President Joe Biden supports hospital price transparency as well and just this week proposed fining noncompliant hospitals up to $2 million annually.
