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Stock impact report

Economists back legislative effort to reveal hidden health care prices [USA TODAY]

GoodRx Holdings, Inc. - Class A (GDRX) 
Company Research Source: USA TODAY
Economists cited these examples of the roulette wheel of health care prices in their request that Congress mandate hospitals and health providers be upfront about their prices for medical care. Backers of the Health Care Price Transparency Act 2.0 hope the push by a group of influential economists will convince lawmakers to advance the Senate introduced in December by Sen. Mike Braun, R-Indiana. The measure, co-sponsored by 11 Democratic and Republican senators and Bernie Sanders, a Vermont Independent, has not advanced out of committee. Braun's "top priority is getting this bill through committee and to the floor," for a vote, said Allison Dong, Braun's deputy communications manager. In the letter Monday to senators, a group of 32 economists, academics and business leaders said price transparency would save up to $1 trillion in wasted medical spending each year and buoy middle-class workers "whose paychecks are being devoured by runaway healthcare costs." The economists argued Show less Read more
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