News

Health care costs in the United States are usually shrouded in mystery for consumers, who often have little idea what charges are coming for care and few ways to shop around to get the best deal.

But new rules are designed to make health care pricing more transparent, and CPA financial planners could use that information to help clients make more informed decisions about their health care costs.

In November, the Trump administration announced two health care transparency rules aimed at helping patients know the cost of their medications, medical visits, and procedures upfront. The idea is that if patients know exactly what something costs, they have the opportunity to shop around.