Policy & Regulation

Price Transparency Saves Americans $1,000+ Per Year

Price transparency tools help Americans save $1,000+ annually by comparing healthcare costs before getting care.

February 19, 20261 min read87 words

Written by FairVisitHealth Editorial Team · Healthcare Pricing Analysts

Medically & editorially reviewed by the FairVisitHealth Clinical Team (Clinical & Billing Review). Data sourced from CMS, HRSA, and hospital price transparency filings.

The Price Transparency Revolution

Since 2021, hospitals must publish prices. Since 2023, insurers must provide cost estimates. Patients who compare prices save $1,000-$3,000+ per year.

Where the Biggest Savings Are

Imaging: prices vary 500%+ in the same city. Lab work: same blood panel costs $25-$500. Surgery: ASCs charge half of hospital outpatient departments. Prescriptions: same drug varies 80%+ between pharmacies.

How to Compare

Use FairVisitHealth.com to search by procedure and location. Request Good Faith Estimates. Ask for self-pay cash rates. Compare at least 3 providers before scheduling.

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