Hospitals Are Now Required To Post Costs Online, But Most Haven't

Hospitals Are Now Required To Post Costs Online, But Most Haven't

Assessment

Interactive Video

Health Sciences, Social Studies, Biology

University

Hard

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The video discusses the importance of being an educated consumer in healthcare, highlighting Robert Smith's experience with varying colonoscopy costs due to different hospital pricing and insurance negotiations. It explains the hospital price transparency rule implemented by CMS in 2021, which mandates hospitals to publish their prices online. Despite this, compliance is low, with only 16% of hospitals fully adhering to the rule. The video emphasizes the need for patient empowerment and advocacy to drive transparency and competitive pricing in healthcare.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main issue Robert Smith faced after his colonoscopy?

He was charged more than expected.

The procedure was not covered by insurance.

He had to travel to another state for the procedure.

The procedure was not performed correctly.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factor did NYU Langone cite as the reason for the cost difference in Smith's procedure?

The type of procedure performed

The quality of care provided

The negotiated rate with his insurer

The location of the hospital

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the hospital price transparency rule?

To increase hospital profits

To standardize medical billing across all hospitals

To make hospital prices available online for consumers

To reduce the cost of medical procedures

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As of October 2022, what percentage of hospitals were fully compliant with the transparency rule?

100%

16%

75%

50%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key benefit of being an informed patient and consumer?

Awareness of potential billing errors and cost savings

Access to free healthcare services

Ability to negotiate better insurance rates

Priority treatment at hospitals