Pricing and Transparency.docx - Running head PRICING AND TRANSPARENCY Pricing and Transparency Student Name Institutional Affiliation 1 PRICING AND

Pricing and Transparency.docx - Running head PRICING AND...

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Running head: PRICING AND TRANSPARENCY 1 Pricing and Transparency Student Name Institutional Affiliation
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PRICING AND TRANSPARENCY 2 The healthcare system is one that is driven by patient wants and thus can be termed as a consumer-driven healthcare industry. The Affordable Care Act through the healthcare insurance cover has favoured the consumer freedom for healthcare services thereby increasing transparency in the healthcare system. Through research and education, consumers can evaluate the best health insurance policies to purchase before purchasing. Patients need value for their money. As a result, they will demand transparency in healthcare pricing. Also, access to information by the consumer shall also favour transparency in pricing as the consumer will be able to compare the various pricing policies among the healthcare providers (Robert Woods, 2016). Therefore, I believe that consumers will begin demanding transparency in healthcare pricing.
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  • Fall '19

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