Price Transparency Fails To Spur Patient Shopping

Since 2021 federal price-transparency rules intended to make hospital and insurer prices public have seen low compliance, with CMS notifying 27 hospitals of fines between June 2022 and May 2025. KFF Health News reports that the sparse, confusing data has not spurred patient shopping; insurers and startups instead use it for contract negotiations, prompting further federal tightening under the Biden and Trump administrations in 2025.