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Senate searches for ways to reduce health care administrative costs
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WASHINGTON – Health care officials at a U.S. Senate hearing Tuesday advocated methods to reduce the industry’s administrative expenses in ways similar to those proposed by Colorado Democrats. Administrative burdens from insurers and government regulators commonly represent 8 percent of patients’ bills, according to the chairman of the Senate Health, Education, Labor and Pensions Committee.…
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New Colorado law gives patients more transparency on medical fees
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A new law that took effect this month means Colorado is joining states trying to force hospitals to reveal their fees before treatment. The law requires hospitals and doctors to publicly post their self-pay rates for common treatments, which often refers to publishing them on websites. The General Assembly was trying to control medical costs…
