A bill in the Colorado legislature would let the state enforce federal price transparency laws, with the goal of getting enough data to create a comparison tool more people are likely to use.
A bill in the Colorado legislature would let the state enforce federal price transparency laws, with the goal of getting enough data to create a cost comparison tool that more people are likely to use.
“Transparency and sunshine will hopefully in the long run lead to lower prices,” said Sen. Julie Gonzales, a Denver Democrat and one of the bill’s co-sponsors. The state already forbids hospitals from sending patients to collections or suing them if the facility hasn’t posted its prices as required under federal law, butRepresentatives of health care organizations and consumer groups who testified before the Senate Health and Human Services Committee on Thursday evening said they didn’t know of any lawsuits filed under that authorization, though it’s possible that will change, since the law only took effect in August.
Katherine Mulready, chief strategy officer at the Colorado Hospital Association, said that hospitals already face possible lawsuits for transparency violations, as well as potential penalties from the federal Centers for Medicare and Medicaid Services. The agency can fine hospitals that haven’t posted all their prices, but they’ve onlySen.
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