New Rule Requires Hospitals to Disclose Their Prices
The federal regulation aims to help you shop around for hospital services.
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A hospital stay for you or a loved one is often a stressful time. The last thing you need is confusion about how much your care will cost.
A new federal regulation that went into effect on Jan. 1 aims to bring clarity to the pricing process.
The regulation, or rule, requires all hospitals operating in the U.S. to provide patients with “clear, accessible pricing information online about the items and services they provide,” according to the U.S. Centers for Medicare & Medicaid Services.