Many recent initiatives to reduce health care spending have focused on price transparency (PT). Given that health care prices vary substantially and there is no clear association between price and quality, PT may enable consumers to seek lower-cost services and stimulate competition between clinicians.1 Furthermore, PT may serve as an important means of facilitating access to affordable care as more Americans subscribe to high-deductible plans.1,2
Kondamuri NS, Suresh K, Rathi VK, et al. State-Sponsored Price Transparency Initiatives for Otolaryngologic Procedures in 2019. JAMA Otolaryngol Head Neck Surg. Published online March 05, 2020. doi:10.1001/jamaoto.2019.4861
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