According to FierceHealthcare.com, a bill was signed into law on Tuesday in Wisconsin that forces providers to reveal the costs of common tests and procedures, which in turn will allow patients to compare prices and shop around. “The Health Care Transparency Bill will give patients a better idea of their out-of-pocket costs and effectively enables them to price shop,” said Gov. Jim Doyle, who signed the bill into law.
In any other situation people see the price of a product before they purchase it; however, in healthcare it is the exact opposite. Patients receive the medical bill after the procedure and are unaware of what to expect, and a lot of the time, people feel uncomfortable even asking the price. This new law will allow customers to have a better understanding of their healthcare costs “before making important health care decisions,” said Doyle. Price transparency will allow patients to make more informed decisions, and will also allow them to shop around just like they do for everything else in their lives.
Visit PriceDoc.com to find quality, affordable providers in your area and to compare prices for any medical procedure you might need.
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