From Wisconsin conservative James Wigderson:
The Wisconsin Institute for Law & Liberty (WILL) released a study on Tuesday that shows greater price transparency in health care prices leads to lower costs for the consumer.
In an interview with Steve Scaffidi on 620 WTMJ, study author Will Flanders explained what other states have done to increase health care cost transparency.
“So we do have some states that are kind of leading the way on price transparency,” Flanders said. “What these states have done is they’ve set up an all payers database where you can actually see the average cost of someone with your insurance has had for a particular procedure.”
Using data from the Center for Disease Control, the study found that states that have this level of price transparency report a reduction in the number of people that say they can’t afford their health care.