What Is Price Transparency?

What Is Price Transparency

Have you ever felt like you were playing the shell game when paying for healthcare? Many of us feel that way. If healthcare providers acted like any responsible retailer, they would clearly posted their prices and stick to them. A ‘price estimate’ from a hospital means nothing. Check out this nightmare story about back surgery. It doesn’t have to be that way. Price transparency means that you can see the price before you purchase a service and that is the price you pay, that it. So if you carefully shop for care and get a price quote after a lot of effort, then get a bill that is 3X the quote, that is unfair. There is no industry in the US that can get away with that, except healthcare. You may hear: ‘our estimate is based on average charges and your case was different’. You can find providers that will provide price transparency: a written price that is all inclusive and that is what you pay. Unfortunately this is not common and perhaps not easy to find, but these providers exist. That is price transparency. uMedMarket does this work for you and brings online shopping with price transparency to you phone. You shop for a service, check out the prices and ratings, then buy online. It’s that simple. The price you see is what you pay, no excuses. That’s price transparency.