Price transparency enforcement starts next week for Colorado hospitals

Started by Chartreuse Wombat
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Chartreuse Wombat

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Price transparency enforcement starts next week for Colorado hospitals

Beginning on Wednesday, hospitals in Colorado will be prohibited from pursuing debt collections against patients if the hospitals aren’t in compliance with federal price transparency laws. The new state law, created by House Bill 1285, bans noncompliant hospitals from using debt collectors...
gazette.com

"Beginning on Wednesday, hospitals in Colorado will be prohibited from pursuing debt collections against patients if the hospitals aren’t in compliance with federal price transparency laws."
 
medgator said:
Politically, can't think of a more perfect state in the union than Colorado.
Click to expand...
1660062476324.png

hmmmmmm.
 
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TheWallnerus said:
Why do we even have price transparency

Which politician got that whole thing started
Click to expand...
I'll take the bait, broken clock and all

Trump Administration Announces Historic Price Transparency Requirements to Increase Competition and Lower Healthcare Costs for All Americans

As directed by President Trump’s Executive Order on Improving Price and Quality Transparency in American Healthcare, today the Department of Health and Human Services is announcing that the Centers for Medicare & Medicaid Services (CMS) is issuing two rules that take historic steps to increase...
www.cms.gov www.cms.gov
 
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medgator said:
I'll take the bait

Trump Administration Announces Historic Price Transparency Requirements to Increase Competition and Lower Healthcare Costs for All Americans

As directed by President Trump’s Executive Order on Improving Price and Quality Transparency in American Healthcare, today the Department of Health and Human Services is announcing that the Centers for Medicare & Medicaid Services (CMS) is issuing two rules that take historic steps to increase...
www.cms.gov www.cms.gov
Click to expand...
Obamacare: yes
Trump Price Transparency:
Classic Tv Nostalgia GIF by Sony Pictures Television
 
Chartreuse Wombat said:
Related...

jamanetwork.com

Compliance of National Cancer Institute–Designated Cancer Centers With January 2021 Price Transparency Requirements

This cross-sectional study investigates the compliance rate of hospitals with National Cancer Institute–designated cancer center status with the Centers for Medicare & Medicaid Services January 2021 price transparency requirements.
jamanetwork.com jamanetwork.com

"...fewer than one-third (20 of 63) were fully compliant with the current law."
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Speeding ticket level penalties don't impact behavior I'm guessing

Unless we are talking Finland or Switzerland

usustatesman.com

Opinion: the U.S. should implement income-based fines - The Utah Statesman

Opinion: the U.S. should implement income-based fines
usustatesman.com usustatesman.com

For many of these NCI centers, the penalties just don't have much bite relative to the revenues these places are pulling in
 
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medgator said:
Should be decriminalized, still think it should be regulated however, probably more so than alcohol or cannibis
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Why do you think that?

- deaths caused by psilocybin?
- health related risks of psilocybin?
- no health benefits from psilocybin?

The comparison to alcohol is … uh … terrible. If alcohol and tobacco is legal, pretty much anything should be legal.

What do you actually know about psilocybin vs the other drugs you mentioned? Just curious… appears to be some certainty about this that maybe I don’t know about?
 
RealSimulD said:
Why do you think that?

- deaths caused by psilocybin?
- health related risks of psilocybin?
- no health benefits from psilocybin?

The comparison to alcohol is … uh … terrible. If alcohol and tobacco is legal, pretty much anything should be legal.

What do you actually know about psilocybin vs the other drugs you mentioned? Just curious… appears to be some certainty about this that maybe I don’t know about?
Click to expand...
If we made alcohol and tobacco illegal there’d be half as many cancers

So let’s not go overboard
 
RealSimulD said:
Why do you think that?

- deaths caused by psilocybin?
- health related risks of psilocybin?
- no health benefits from psilocybin?

The comparison to alcohol is … uh … terrible. If alcohol and tobacco is legal, pretty much anything should be legal.

What do you actually know about psilocybin vs the other drugs you mentioned? Just curious… appears to be some certainty about this that maybe I don’t know about?
Click to expand...
Don't know much about it at all... Hence my caution. But I'm certainly willing to learn. Just worried about people going on trips before they get behind the wheel i guess but that's a concern with the others also

Certainly should be decriminalized like mary Jane at least, but many researchers and advocates I've read have said it should have some regulatory framework

www.denverpost.com

Why some of Colorado’s foremost shrooms advocates won’t be voting to legalize psilocybin

To legalize or decriminalize? That would be the question facing Colorado voters if two competing psilocybin measures make the November ballot.
www.denverpost.com www.denverpost.com
 
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Chartreuse Wombat said:

Price transparency enforcement starts next week for Colorado hospitals

Beginning on Wednesday, hospitals in Colorado will be prohibited from pursuing debt collections against patients if the hospitals aren’t in compliance with federal price transparency laws. The new state law, created by House Bill 1285, bans noncompliant hospitals from using debt collectors...
gazette.com

"Beginning on Wednesday, hospitals in Colorado will be prohibited from pursuing debt collections against patients if the hospitals aren’t in compliance with federal price transparency laws."
Click to expand...

It’s bull****. Price transparency is garbage. The patients can’t afford it and then insurers don’t want to pay.

Besides major credit agencies aren’t even using medical debt to factor into credit scores. It’s as if they want patients to give even less of a **** about medical bills. Good luck collecting anything from a patient ever

Payment upfront for elective cases is where this is heading. Followed by more out of pocket payment.
 
health insurance companies already exist as essentially banks. their job is to leverage capital on the market - they just need to have as much of peoples money as they can, even if they pay most of it out for health care expenditure. as long as they can have it long enough they can invest it in high dividend fashion.

they should take this farther and buy and sell medical debt like a commodity.
 
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medgator said:
Don't know much about it at all... Hence my caution. But I'm certainly willing to learn. Just worried about people going on trips before they get behind the wheel i guess but that's a concern with the others also
Click to expand...
Alcohol is the winner when it comes to driving fatalities and injuries…
 
jondunn said:
health insurance companies already exist as essentially banks. their job is to leverage capital on the market - they just need to have as much of peoples money as they can, even if they pay most of it out for health care expenditure. as long as they can have it long enough they can invest it in high dividend fashion.

they should take this farther and buy and sell medical debt like a commodity.
Click to expand...
The most common form of “insurance” is when the insurer just takes a transaction fee and the employer pays the bill. That’s why insurance companies love high prices as much as hospitals.

The worst actors are the hospitals, our employers. Number 2 is the drug companies.
 
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