Policy Impact Analysis - 117/S/4414

Bill Overview

Title: Expose Hospitals Violating Price Transparency Act

Description: This bill requires the Centers for Medicare & Medicaid Services (CMS) to publish a list of hospitals that are not in compliance with the hospital price transparency rule, which requires hospitals to provide clear, accessible pricing information online about the items and services they provide. The list must include any hospitals that have received a written communication from the CMS about potential noncompliance. The bill also requires the Government Accountability Office to report on compliance and enforcement of the price transparency rule, including recommendations for improving price transparency to patients, employers, and the public.

Sponsors: Sen. Braun, Mike [R-IN]

Target Audience

Population: People needing hospital services globally

Estimated Size: 250000000

Reasoning

Simulated Interviews

insurance broker (New York, NY)

Age: 45 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 10/20

Statement of Opinion:

  • I believe this policy will make hospitals more accountable.
  • Transparency in pricing can help people make better healthcare decisions.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 6
Year 5 8 6
Year 10 9 7
Year 20 9 7

retired engineer (Austin, TX)

Age: 62 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 5/20

Statement of Opinion:

  • I might be able to plan my expenses better if I know the hospital costs beforehand.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 8 6
Year 10 9 6
Year 20 8 6

digital artist (San Francisco, CA)

Age: 29 | Gender: other

Wellbeing Before Policy: 8

Duration of Impact: 2.0 years

Commonness: 15/20

Statement of Opinion:

  • I'm supportive of transparency but don't expect this to impact me much immediately.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 8
Year 5 9 8
Year 10 9 9
Year 20 9 8

hospital administrator (Cleveland, OH)

Age: 37 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 18/20

Statement of Opinion:

  • This policy puts pressure on us but also values transparency which long-term can improve trust.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 8 6
Year 5 8 7
Year 10 10 7
Year 20 10 7

small business owner (Chicago, IL)

Age: 54 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 8/20

Statement of Opinion:

  • This can help me understand our healthcare costs better and plan accordingly.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 8 7

graduate student (Seattle, WA)

Age: 24 | Gender: male

Wellbeing Before Policy: 9

Duration of Impact: 1.0 years

Commonness: 14/20

Statement of Opinion:

  • A useful policy but not something I will likely benefit from soon.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 9
Year 2 9 9
Year 3 9 9
Year 5 9 9
Year 10 9 9
Year 20 9 9

single parent, part-time worker (Atlanta, GA)

Age: 38 | Gender: female

Wellbeing Before Policy: 4

Duration of Impact: 4.0 years

Commonness: 9/20

Statement of Opinion:

  • Knowing what things cost might help me choose the right hospital if needed.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 6 4
Year 3 6 4
Year 5 7 4
Year 10 7 4
Year 20 7 5

stay-at-home parent (Salt Lake City, UT)

Age: 31 | Gender: other

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 12/20

Statement of Opinion:

  • This might ease some of our healthcare financial planning.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 8 6
Year 5 8 7
Year 10 8 7
Year 20 9 7

high school teacher (Boston, MA)

Age: 59 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 1.0 years

Commonness: 16/20

Statement of Opinion:

  • I value transparency, but this might not change my experience quickly.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 8 7
Year 20 8 8

health journalist (Miami, FL)

Age: 43 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 4.0 years

Commonness: 7/20

Statement of Opinion:

  • An important step for accountability in the healthcare sector, though I'm skeptical of the pace of change.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 8
Year 5 9 8
Year 10 9 8
Year 20 9 8

Cost Estimates

Year 1: $15000000 (Low: $10000000, High: $20000000)

Year 2: $14000000 (Low: $9000000, High: $19000000)

Year 3: $13000000 (Low: $8000000, High: $18000000)

Year 5: $12000000 (Low: $7000000, High: $17000000)

Year 10: $10000000 (Low: $6000000, High: $16000000)

Year 100: $1000000 (Low: $500000, High: $1500000)

Key Considerations