Paul Hain

Does Price Transparency Help You Shop Around?

As of January 1, 2019, all hospitals in Texas have to publish what they charge for all tests, imaging, surgeries, or other procedures. Though many welcome the move toward price transparency, the lists of charges can be difficult to interpret, and, when insurance is factored in, the out-of-pocket costs might look nothing like the posted charge. We spoke with Paul Hain, chief medical officer and divisional senior vice president of market delivery at Blue Cross Blue Shield of Texas, about the impact of the new law.  Comparison shopping is key, right? Price transparency is important because it allows people to understand… Full Story