A provision the Trump administration tucked into its final rule on health plan price transparency requires telling consumers what they will pay out-of-pocket for drugs and showing them what the plan paid.
Whether you’re Republican or Democrat, there’s one thing we can all agree on: Americans are paying too much for their prescription drugs. Over the last six years, the median cost of prescription drugs has increased over 70 percent, leaving Americans with an ever-increasing burden for prescriptions that their lives literally depend on. As someone whose family is personally impacted by high prescription drug costs, I understand the struggles that Americans are facing.
A routine doctor’s visit for a sore throat brought more than $28,000 in charges for one New York City woman in our latest “Bill of the Month” installment.
In our ongoing, crowdsourced investigation with NPR and CBS, we’ve armed future health system pilgrims with the tools they need to avoid exorbitant medical bills and fight back against unfair charges. Here’s a look back at 2019’s stories.
Consumers are admonished to be “smart shoppers,” but that’s difficult if health care prices are clear as mud. When Sarah Macsalka’s son needed stitches, she did her best to avoid the ER and still ended up with a $3,000 bill.
Health care is still a top issue in the Democratic primary debate for president, but the candidates’ complicated plans may be doing more to confuse than to educate voters. Margot Sanger-Katz of The New York Times, Caitlin Owens of Axios and Julie Appleby of Kaiser Health News join KHN’s Julie Rovner to discuss this and more health news. Also, for extra credit, the panelists recommend their favorite health policy stories of the week.
The final directive drew swift responses from the hospital and insurance industries. The Trump administration also released a proposed rule that would require health insurers to spell out for all services beforehand just how much patients may owe for their out-of-pocket costs.
In America, there is medicine to treat the common cold, regulate diabetes, lower blood pressure and even help cure cancer. But pharmaceutical drugs do Americans little good if they can’t afford them.
The cost of healthcare has become a hot topic in American politics in recent years, and with good reason. A recent Bankrate survey found that 22 percent of Americans are losing sleep over healthcare or insurance costs, up from 13 percent just one year ago.
Most hospitals appear to be complying with the federal rule to post their prices online. Yet there is little follow-up by the government or industry and debate continues about whether the price lists are creating more confusion than clarity among consumers.