Finding your needle in the haystack of insurance prices
After the introduction of the Transparency in Coverage Act in 2020, insurers are required to publish their “negotiated rates” (i.e. pricing for medical procedures) in a machine-readable format. Machine-readable does not mean “open in Excel”–we are talking about trillions of healthcare prices spanning petabytes of data updated monthly. With some big-data engineering, we were able […]
How to Use the New Healthcare Price Transparency Act to Your Advantage
In the not so distant past, understanding healthcare pricing was nearly impossible. Fortunately, new legislation is taking effect that requires payers to transparently publish their pricing. Let’s explore how healthcare price transparency impacts insurance payments and how it will benefit both patients and providers alike. The No Surprises Act & The Transparency in Coverage Act […]
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