Healthcare Price Transparency

GRAND JUNCTION, Colo. - When it comes to understanding our healthcare options, things can get complicated.

However, thanks to a new Colorado law effective as of the 1st of the year, those costs will now be easier to understand.

"The move is to help people make more informed decisions so they can make informed choices about the cost of care and for those they care for," said Teri Cavanagh with St. Mary's Medical Center.

Yet, cost is just one of the many factors involved. Those with St. Mary's medical center will also be displaying ratings on their website.

"This is just one more tool to extend to people so that they've got information to be able to do an advanced search, and there's support that we give them after their procedures," said Cavanagh.

However, employees with Hilltop's Health Access say their transparency and support began long before the new law went into effect.

"We have a series of hand outs we walk through and we don't leave them on their own. We walk through those processes," said Greg Olson with Hilltop.

They believe walking their clients through the process, can mean the difference between receiving or not receiving the proper care.

"When is it appropriate to use an emergency room vs your primary care doctor vs going to an urgent care center. Those choices that you make when in need of health services can vary greatly," said Olson.

Even with insurance, there are still out of pocket costs that can impact your household budget.

"Understanding what those costs are going forward is exceedingly important as the cost of healthcare continues to rise," said Olson.

"Everyone likes to work with more information. As they say, information is power," said Cavanagh.

They can agree that having more information about healthcare costs, is a good place to start.

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