Price transparency is broken

https://www.dolthub.com/blog/2023-03-23-illusion-of-transparency/

Alex Stein, 2023/03/23, https://www.dolthub.com

Abstract: Here's the problem: you can't verify the published rates, because there's nothing to compare them against. So companies that have the data are spending more money on external data (like claims) to "verify" these rates, making it pretty useless for everyone else.

And with what little we can verify, it looks wrong. The best hope we have is comparing the insurance data to the also-now-public hospital data, a happy accident that lets us cross-check the rates. Still, it leads us to a pretty grim picture of transparency in healthcare.

Healthcare prices cannot be verified as required by law.