Hospital pricing information has never been easier to access for Hoosier consumers. A new tool from the Indiana Hospital Association (IHA) allows patients to view prices for all Indiana hospitals in one single location. The website www.mycareINsight.org was created in 2015 to allow consumers to compare hospital charges and quality ratings for the 100 most frequent inpatient services and the 50 most frequent outpatient procedures, helping to clarify the complex factors that affect the cost of hospital services. The updated site now includes a single place where Hoosiers can find hospital-specific price information for common shoppable services, out-of-pocket price estimator tools where available, and standard charges for all items and services in a machine-readable format, as required by the federal Price Transparency Rule.
IHA President Brian Tabor says hospitals will continuously improve mycareINsight so every patient has the information they need to make informed decisions about their care.
“I’m proud of our member hospitals’ commitment to transparency and their compliance with new federal regulations despite the ongoing challenges of the pandemic,” said Tabor. “Today’s announcement makes this information even more accessible to Hoosier consumers.”
Although Indiana hospitals have complied with the federal Price Transparency Rule, there was no single location to quickly find links to each hospital’s information until now.
“While the data on mycareINsight provides a great starting point for consumers to begin comparing hospitals and making health care decisions, it only tells part of the story and we cannot provide what a patient’s out-of-pocket cost will be based on their insurance,” said Tabor. “To make health care prices truly transparent, pending federal transparency requirements for health insurance companies should be accelerated and put into state law.”
Access the updated site at www.mycareINsight.org.