Advocates: Price transparency alone won’t fix high health care costs
Witnesses told a House Energy and Commerce subcommittee that making hospital prices visible can help patients but won’t by itself lower overall health care costs.
Witnesses told members of the House Energy and Commerce Subcommittee on Health that letting patients see hospital prices can help, but it will not fix the high cost of health care by itself. Advocates said price transparency is a useful tool but insufficient to address the broader factors driving hospital and health care prices.