Biden administration seeks higher penalties for hospitals that don't publish prices

The Hill

19 July 2021 - The Biden administration is proposing to increase the penalty for hospitals that don't comply with a federal rule requiring them to publicly post the prices of their procedures.

A proposal released Monday by the Centers for Medicare and Medicaid Services would raise the maximum penalty to $2 million a year for large hospitals that don't post online the secret prices they have negotiated with insurance companies for 300 common services and procedures that can be planned in advance.

Read The Hill article 

Michael Wonder

Posted by:

Michael Wonder