Listen: Elliott Nadler, Mitchell Hartman And President Trump discussed on Marketplace with Kai Ryssdal
"In healthcare today. Some transparency, perhaps in healthcare cost. President Trump has signed an executive order directing the department of health and human services to force hospitals and medical offices to disclose the prices, they charge, and whatever out of pocket costs, a patient might have to pay themselves. So in theory, you'll be able to know how much you are say, hip replacement is gonna cost before the Bill shows up. How's it going to work in practice? Here's marketplace's Mitchell Hartman a few weeks ago, Thirty-one-year-old Elliott Nadler of New Jersey woke up with a. Sore throat. He went to a walk in clinic to get tested for strap. He knew he'd be paying out of pocket because he's got a five thousand dollar deductible. You know, took my pressure and then stripped tests came back built in the mail for under forty bucks more than he expected. He says the clinic never told him he'd be charged for the throat swab and basic exam or what the whole thing would cost race University Health, economists Vivian ho says right now healthcare pricing is opaque competition is based on the ability of consumers to see prices, and we just don't have that President Trump's executive order aims to make those prices visible, though, the details of exactly how haven't been worked out, yet, Martin gainer at Carnegie Mellon, says allowing consumers to compare prices will help control healthcare costs to some degree. But this is"