New Proposed Law Would Require Price Transparency in Medical Care?

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Will there soon be price transparency at your next hospital visit? The Doctors discuss a new proposed law that would require hospitals to provide price transparency and the disclosure of negotiated rates to patients. It also could require insurers to tell patients their out of pocket obligations ahead of procedures. ER physician Dr. Travis Stork shares that he’s always been a fan of transparency in medicine, but opponents of the law say it will be confusing for people and it could even drive prices up.