MIRIAM HITS HOSPITALS FOR NON-DISCLOSURE OF PRICES
Santiago’s bill, also known as the “Hospital Price Disclosure Act,” requires both public and private hospitals to prominently post at each admission site the full disclosure of prices for medicine, and hospital and surgical procedures.
“With several medical providers to choose from, patients need access to reliable and adequate information to make rational and economical choices,” Santiago said.
According to Santiago, undisclosed rates of medical care hinder patients from choosing which hospital or health care provider offers good service for less cost.
“It has been common practice for hospitals to not reveal the costs a patient may incur unless he or she bills out. Because of this, the patient is often shocked at the expense he or she incurs after staying in the hospital,” said the senator.
The senator said that the treatment of ailments and health conditions such as heart disease would not be possible with home remedies, and would necessitate professional medical care.
“The power to choose which hospital to go to should be with the patient especially in these times of global economic crisis,” Santiago said.