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PRICE TRANSPARENCY IN HEALTHCARE
Price Transparency in Healthcare
Price transparency — clear information about what medical costs are and why — is becoming a reality. Here’s a look at new federal rules set for 2021.
How to Shop for Price Transparency in Healthcare
Healthcare can be expensive. Learning how to shop for price transparency in healthcare can help you make the best decisions — for your health and your budget.
How to Estimate Your Healthcare Costs
There’s no guaranteed way to predict your exact yearly healthcare costs. But you can take steps to make a realistic estimate, so you can budget accordingly.
Why You Should Estimate Your Healthcare Costs
Healthcare costs can vary widely. That’s why researching and estimating your healthcare costs can help lower the odds of having unexpectedly high medical bills.
Does Price Affect Quality of Service?
When choosing healthcare, cost can be a factor. Here’s why a higher or lower price for medical care doesn’t necessarily affect the quality of care you receive.
What Is a Negotiated Rate for Healthcare?
A negotiated rate for healthcare is the fee your insurance company has worked out with providers, and that negotiated rate affects how much you pay for care.
What Is a Shoppable Service for Healthcare?
Good news: Comparing fees for many medical services will be easier in 2021. And understanding what is a shoppable service for healthcare may help reduce costs.
What Is a Bundled Rate for Healthcare?
A bundled rate is a combined fee charged for all medical services involved in a procedure, for example, heart surgery. It may help lower healthcare costs.
What Is a Cash Rate for Healthcare?
The price of healthcare depends on many things, including how you pay. Paying the cash rate for healthcare can sometimes be a smart move, even with insurance.