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News & Press: Advocacy

Post your charges: New law starts in 2018

Monday, December 11, 2017   (0 Comments)
Posted by: Chet Seward
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Physicians must post their prices for at least the fifteen most common health care services provided beginning January 1, 2018, because of a 2017 law passed by the Colorado legislature. The Transparency in Health Care Prices Act (CRS 25-49-103) requires providers to conspicuously posting these prices, which are defined as the price before negotiating any discounts. These prices must include both a plain English description, along with the relevant CPT code, and must be updated annually. In addition, a disclosure has to be included that explains that the prices for services are estimate s and that actual charges for services are dependent on the specific circumstances related to care delivered. Check out a fact sheet on the new bill from the Colorado Medical Society. Don’t miss the deadline. Make sure to have your list of your top 15 services ready by the start of the new year.