By Andy Blom, TES Contributor When setting policy that affects millions of Americans every day, Congressional leaders should create a policy that is well-intentioned without producing unintended consequences. Unfortunately, that appears too much to ask for when it comes to the Lower Health Care Costs Act (LHCC) currently being proposed by Senator […]
Tag: healthcare providers
Greater price transparency will reduce medical costs
Price transparency is an obvious driver of effective market dynamics: the more buyers and sellers know about the actual cost factors underlying the prices of competing products and services, the better equipped they will be to compare their relative value (or lack thereof) and make […]