Project Summary: Cost Transparency in Colorado Hospitals
Category: Pricing of Selected ER and medically necessary hospital services
Background: Historically, uninsured patients have often been charged much higher prices for hospital care than those with insurance. In 2012, the Colorado Consumer Health Initiative helped pass Senate Bill 134 which limits the amount that hospitals can charge low-income and/or uninsured patients for emergency and medically necessary services to the lowest negotiated rate with a private payer.
Objective: Data from this project will provide a baseline for consumers to evaluate whether they are being charged appropriately. More broadly, this project benefits Colorado residents by making information on hospital charges more transparent and accessible and ultimately helps consumers to become better consumers of health care.
Data Analyzed: Lowest commonly occurring facility price for commercial data at various hospitals for selected DRGs.
Results: In progress.