It is terrific that this is being done but I don't think it provides the transparency many are seeking. The prices listed (save for out of pocket/uninsured) are the inflated prices that hospitals charge the insurance companies. The insurance companies basically never pay the listed fee but instead pay negotiated fees based on their precedent with the facility. In most cases for insured patients the data presented here will be close to useless.
aerofour t1_j10qbup wrote
Reply to U.S. hospitals are required to publish their prices for medical procedures now, so my friends and I collected around 2 million prices from 33 hospitals in Maryland and created a search engine where anyone can see how much they may be charged. Let me know what you think! (x-posted from r/Maryland) by Dr_Midnight
It is terrific that this is being done but I don't think it provides the transparency many are seeking. The prices listed (save for out of pocket/uninsured) are the inflated prices that hospitals charge the insurance companies. The insurance companies basically never pay the listed fee but instead pay negotiated fees based on their precedent with the facility. In most cases for insured patients the data presented here will be close to useless.