Florida's attorney general is investigating the lack of transparency in hospital pricing, which affects patients facing large medical bills. Patients are often unaware of their rights to clear and comparable pricing for medical services. Many hospitals do not provide accessible pricing on their websites, which is a requirement by federal and state laws. Patients are asked to sign agreements accepting financial responsibility without clear information on costs, leading to significant potential financial burdens.
"Paying $3,000 for something that costs $400 ... pretty absurd," she wrote.
"Hospitals know the prices to the penny, and the amount of profit they will make," said Cynthia Fisher, founder and chair of PatientRightsAdvocate.org.
"If one hospital charges $3,000 for an MRI and another charges $7,500, that difference is a lot of money to a family," Fisher said.
"It is egregious and deceptive and unfair to make every patient sign that they will financially cover whatever the hospital chooses to charge them without knowing what the cost will be."
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