When the charge for Tylenol is $4,000, it’s clear the U.S. health system is failing us | Opinion [Miami Herald]
Across the country, higher co-pays and deductibles are making healthcare unaffordable even for patients with insurance. But for Hispanics, who are statistically less insured than the general population and suffer from preventable chronic illnesses such as heart disease, obesity, mental health, HIV/AIDS, diabetes and strokes, the crisis is even worse. This leads many to take risks and make tradeoffs when managing their health.
According to the
The causes are many and complex, but there is one seemingly simple solution to immediately address the lack of affordability in America’s medical system: transparency in the price of healthcare products and services.
Nearly 60% of Americans reported having sticker shock at the outrageous cost of basic medical goods they thought were covered by insurance:
Take the case of
Luckily, she had the help of a friend who worked in hospital billing to decipher the medical coding for each line item.
But, again, when it comes to navigating the healthcare system, the Hispanic community in this country is at a major disadvantage. Access, language and cultural barriers contribute to disparate outcomes for Hispanics, who are more likely than any other racial or ethnic group to be uninsured.
Unfortunately, the uninsured rate for Hispanic children is up 8.1% compared to 5.2% for all children, according to the
For so many who can’t afford the costs of basic healthcare — including Hispanics — the 2021 Trump-era Hospital Price Transparency Rule is a game-changer. By requiring healthcare providers to disclose their costs upfront, patients can shop for competitive prices and advocate for lower co-pays and deductibles. More than 6,000 hospitals in the nation are required to disclose rates online for common services, including X-rays, lab tests and C-sections. Hospitals that don’t comply are supposed to face costly civil penalties.
However, hospital lobbyists and special-interest groups have fought to keep patients confused and in the dark when it comes to pricing, leading to inconsistent and incomplete information. After two years of the rule taking effect, an analysis by the nonprofit
Healthcare price transparency is a rare bipartisan issue, with almost 90% public support. But to make it a reality for patients,
©2023 Miami Herald. Visit miamiherald.com. Distributed by Tribune Content Agency, LLC.



When the charge for Tylenol is $4,000, it’s clear the U.S. health system is failing us | Opinion [Miami Herald]
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