Enhancing Well being Care Transparency: Federal and State Views

On Wednesday, November 20, Georgetown College’s Heart on Well being Insurance coverage Reforms (CHIR) hosted a presentation and panel dialogue exploring how elevated transparency in well being care may be leveraged by shoppers, employers, researchers, and states in assist of cost-containment efforts. The occasion was a part of an ongoing collection centered on coverage approaches to extend affordability of personal medical health insurance protection and well being care providers. 

Corey Ensslin of the Home Vitality and Commerce Committee offered context on the Home-passed Decrease Prices, Extra Transparency Act, and Stacey Pogue with CHIR offered an outline of transparency-focused coverage approaches. The panel engaged in a full of life dialogue on the advantages of and limits to transparency. Panelists included Dr. Ge Bai of Johns Hopkins College, Gloria Sachdev, CEO of  Employers’ Discussion board of Indiana, Hemi Tewarson, Government Director of the Nationwide Academy for State Well being Coverage, and Anthony Wright, Government Director of Households USA. The panel was moderated by Reed Ableson of the New York Occasions.

Audio system explored a number of approaches to extend transparency with the purpose of bending the price curve, together with by concentrating on opaque costs, possession, websites of service, and extra. Enhancing entry to well being care value knowledge is a precedence on the federal degree as mirrored within the Home-passed Decrease Prices, Extra Transparency Act, and states have led the efforts to make possession of well being techniques extra clear. Audio system defined each why shoppers and employers want extra transparency from well being care industries, and the way policymakers, regulators, and researchers can leverage remodel to tell bigger reform targets.

A recording of the occasion is on the market on CHIR’s YouTube channel.