20 Jun FORBES REPORT STATES FAIL ON TRANSPARENCY – HOW ARE YOU DOING?
Transparency transforms employee’s relationship with health care. Actionable data delivered in a way that allows informed decision making has the potential to save tens of millions for both organizations and individuals at risk for health benefit expenditures.
The Accountable Care Act requires making transparency information more available and actionable for the public. This article points out that our states have not navigated this challenge successfully – yet. As Suzanne Delbanco executive director for Catalyst for Payment Reform states, “As much discussion and activity as there is around transparency, the truth is that today it’s a very rare instance when a consumer can easily find meaningful information about health care prices. We’ve got a long way to go.”
The challenge is even bigger than this article acknowledges. In order to go from an F to an A in the state transparency ratings, all that had to occur was for the data to be put on a web site. As the article states “In order to get a good grade, the groups say a state needs to provide public access to a “fully functioning website” as well as ensure regulations on price information are accessible for a long period of time.”
Engagement data suggests that having access to a web portal is only a beginning. Translating