Hot Topic: Price Transparency


Posted: 08/13/2019
Category: Practice Management


Hot Topic:  Price Transparency
 

Price transparency is a hot topic in healthcare.  Patients are asking more questions related to the cost of their care.   Physicians are incorporating the topic into patient visits as part of whole-person care.  NYACP and ACP have supporting resources for addressing this topic.  The following are resources for the most common topics encountered in practice:

Getting the Conversation Started

Finding/Getting Better Insurance Coverage

Estimating and Planning Costs

  • What’s Covered – An App for Medicare patients that provides information about coverage by service. 
  • FAIR Health – A great place to get an idea of local pricing for services.  This is useful for uninsured patients and for dental estimates.
  • GoodRx – Compare medication costs at local pharmacies and find alternatives.  Use it for your pet’s prescriptions, too!
  • NYACP Donut Hole Handout – Help Medicare patients learn about and plan for their medication costs. 

Finding Assistance

  • NeedyMeds – Search $4 generic lists, get a listing of patient assistance programs for medications, transportation and supplies.
  • Community Health Advocates – Connect the patient with an organization that helps navigate insurance plans, surprise bills and find assistance programs. 



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