Physicians Payments Sunshine Act

23 Mar

Why, it’s as if the ghosts of Marx, Lenin, and Mao came back to life to bring us this:

…hospitals will have to post prices. Insurance products will be presented with standardized information, consumer ratings and quality measures. The payments physicians take from drug and device companies will be in a public database. There will be independent funding for research on the relative effectiveness of different treatments. Some of these changes are small and some are big, but put together, the system is going to become a lot more visible in the coming years.

Consumer protection and information? The horror.

7 Responses to “Physicians Payments Sunshine Act”

  1. Pauldub March 23, 2010 at 10:11 pm #

    So, we’ll finally get the lowdown on Enzyte???

    • Brooks March 23, 2010 at 10:53 pm #

      If you’re a convicted sex offender it depends on a Senate amendment vote Thursday…

  2. Mark Poloncarz March 23, 2010 at 10:13 pm #

    Why is it that some (not all) are against basic consumer protections? The same arguments on the “potential destruction of life as we know it” are being made by those who oppose the creation of a consumer financial protection agency as part of the financial system reform package. Caveat emptor may be appropriate in some situations but not all, especially when fraud or deceit are involved, and never when the consumer is subject to predatory lending.

  3. Brooks March 23, 2010 at 10:46 pm #

    Looking forward to the $2,500 in premium savings we were promised…

  4. Pauldub March 23, 2010 at 11:28 pm #

    Just heard on WIVB News (nothing on their website) That some local physician offices may be closing due to concerns over the upcoming changes. The public database on their drug and device company payments perchance?

  5. Mike In WNY March 24, 2010 at 10:24 am #

    As long as we rely on 3rd party payer and HMO type coverage, the disclosure of prices will not make a dent in health care cots. The only thing people will pay attention to is the co-pay.

  6. jesse March 24, 2010 at 12:16 pm #

    “There will be independent funding ”

    HAHAHAHAHAAHAHAHAHAHAHAHAHA

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