This data can help employers determine a fair price for hospital services.
The NASHP data show that the commercial market is paying far more than it takes to offset losses from public programs.
The commercial sector pays more than double the average cost of what hospitals need to provide medical services.
The NASHP Hospital Cost Tool reveals data about hospital pricing practices that enables employers to exercise their market power to contain health care costs.
The Hospital Cost Tool released by NASHP today offers a new look at hospital pricing and profitability – a game-changer for the employers and employees paying 300% more than Medicare and 100% of hospital profits.
As data becomes more complete over time, hospital price information will give employers and purchasers more insight into how their contracted hospitals compare on price.
Employers and purchasers can leverage this information to buy better care for their employees and members.
In some cases, employers and patients are paying more for care with insurance coverage than they would without.
The variation in prices charged to patients covered by different health plans, or with no coverage at all, is exactly why hospital price transparency is so important.
Fewer than half of all hospitals nationwide are fully compliant with regulations that require them to publicly post prices.
These talking points can be used to create communications related to hospital price transparency.
Why are most hospitals not complying with a new federal rule that requires them to post their price information online?
What does the Texas surprise billing ruling mean? We have the short, medium and long-term consequences for employers and purchasers.
In the aftermath of COVID-19 and to prepare for the next pandemic, we need to build a more adaptable, streamlined and efficient health care system.
We are sacrificing our competitiveness in the global economy by paying so much more than needed for health care and health system sustainability.
60% of Americans getting their health care coverage through their jobs – high health care costs should be a concern for all business leaders.
Everyone agrees health care costs are high. It’s time for real solutions to the underlying problems.
The cost of health care in the U.S. has become unaffordable for families and employers, and health outcomes are poor.
Voters and executive decision makers agree – it’s time for government to take action on out-of-control health care costs.
When insurance companies acquire health care providers and pharmacy benefit managers, it raises fundamental questions about the extent to which they will act on behalf of their customers.
What happens when health insurers, PBMs, pharmacies and providers are all owned by the same entity? Prices go up for employers and their workers.
The United States is facing a crisis when it comes to health care costs. Prices for lifesaving care and drugs are simply too high for consumers.
Hospital acquisitions and mergers aren’t producing better outcomes or healthier people – only higher costs.
Download a fact sheet that details the problem and our proposed solutions.
These talking points can be used to create communications related to anti-trust enforcement and anticompetitive business practices.
We need stronger health care anti-trust enforcement, including prohibitions on anticompetitive practices, to address the problems of industry consolidation, market power and high prices.
Where markets have failed entirely or where there is no market, federal policymakers have a responsibility to directly manage health care prices.