CO Introduces New Price Transparency Tools

Colorado launched a new tool to help residents compare hospital prices by procedure, reports the Denver Post. Survey findings released in August found that 69% of surveyed Coloradans who needed hospital care attempted to find out what it would cost them in advance, but only about 43% succeeded. Early data shows modest public engagement with these transparency initiatives, which complement existing state-led consumer protections such as requiring hospitals to post the price of services in areas accessible to patients.