Font size:
As Nick Gillespie reminds us, a well-working industry makes prices transparent and lets people know how much things will cost.
Current Minnesota law (enacted a few years ago) requires that all health care providers disclose their prices if asked.
A new website in the state goes much further. It takes data from the top four health plans and calculates the average reimbursement for about 100 procedures for almost all clinics statewide. This means that you can learn what they accept for reimbursements from the health plans rather than the outrageous list prices.
This is a first Web site in the nation with this kind of data. The plan is to add more procedures and eventually add volume by provider.
Cross-posted from State House Call.
Get insightful commentary and the most reliable research on Michigan issues sent straight to your inbox.
The Mackinac Center for Public Policy is a nonprofit research and educational institute that advances the principles of free markets and limited government. Through our research and education programs, we challenge government overreach and advocate for a free-market approach to public policy that frees people to realize their potential and dreams.
Please consider contributing to our work to advance a freer and more prosperous state.
