Washington, D.C. — Ahead of a House Energy and Commerce Committee markup, Natasha Murphy, director of Health Policy at the Center for American Progress, issued the following statement in support of the bipartisan Patients Deserve Price Tags Act:
Too many hospitals and insurers continue to hide prices from the patients, employers, and taxpayers who ultimately foot the bill. The Patients Deserve Price Tags Act would help pull back the curtain on those costs, making the health care system more transparent and accountable while giving patients the information they need to make informed decisions about their care. When excessive prices can no longer hide in the shadows, families have a better chance of getting the affordable care they deserve.
Earlier this year, the Center for American Progress released “A Patients’ Bill of Rights To Lower Health Care Costs,” a set of reforms designed to lower premiums, deductibles, and out-of-pocket costs while increasing accountability across the health care system. CAP’s analysis found that reducing excessive hospital prices could lower average family premiums by more than $1,300 per year by 2032 and significantly reduce costs for workers and their families.
For more information on this topic or to speak with an expert, contact Christian Unkenholz at [email protected].