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Could price shopping lower costs and improve healthcare?

TIME, April 12, 2010

The Transparency in All Health Care Pricing Act of 2010 would require healthcare providers—hospitals, physicians, nurses, pharmacies, pharmaceutical manufacturers, dentists and insurers—to post prices, including on the Internet. Discounts and subsidies would be listed too. "The public will discover what people in healthcare already understand, that the price of any healthcare service is whatever they can get," says Representative Steve Kagen, a doctor who ran a practice for 25 years before being elected to Congress.