Summary
The rising cost of health care is a major driver in the move to reform health care. Less understood, but also a concern, is the pricing of health care procedures by particular health care providers. The wide variance in prices charged for the same procedure from one hospital to another is as inexplicable as it is unknowable beforehand. As Princeton health care economist Uwe Reinhardt has noted, the pricing of hospital procedures is "opaque" to the public.
But now, in Virginia, for the first time, information is available to make the prices actually paid for medical procedures and office visits more transparent. Under legislation I sponsored in 2008 with Del. John O'Bannon, R-Henrico County, a report is now available showing the average amounts that health insurers and Medicare pay in Virginia for 31 standard procedures, including preventive, emergency, outpatient and inpatient hospital care.See the full content of this document
Extract
Health Information for Virginians
This is information a patient can review on what certain health care procedures might cost -- before the patient receives the me...
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