BC Advantage - 2017 Issue 1

Price Transparency is Now The Law in Florida

More than any other industry, healthcare is almost notorious for its lack of price transparency. While patients generally know how much their copay will be and certainly how much their final bill turns out to be, few hospitals and practices publish the actual costs of their services prior to those services being provided. When you think about it, this puts consumers at a serious disadvantage, since they  are not provided the option to shop around for services.Due to recent legislation, Florida health consumers may no longer have that problem.  Effective in July 2016, a bill was passed...

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