As Hospitals Post Sticker Prices Online, Most Patients Will Remain Befuddled
January 4, 2019
(Kaiser Health News) – While more information is always welcome, the new data will fall short of providing most consumers with usable insight. That’s because the price lists displayed this week, called chargemasters, are massive compendiums of the prices set by each hospital for every service or drug a patient might encounter. To figure out what, for example, a trip to the emergency room might cost, a patient would have to locate and piece together the price for each component of their visit — the particular blood tests, the particular medicines dispensed, the facility fee and the physician’s charge, and more.