Information asymmetry relating to price between providers and patients is an unfortunate feature of healthcare in the United States and Texas. Pricing information asymmetry, wherein patients have insufficient information about healthcare prices, may lead to patient confusion, dissatisfaction with service, or even the avoidance of care due to fears of unknown costs. Notably, 62% of Texans reported forgoing healthcare due to anxieties about cost.
Texas Has the Tools to Protect Health Data. Now We Just Need the Political Will.
Filled with anticipation, a woman in her early 30s downloads a fertility-tracking app. She and her husband are finally ready to start their young family and have a baby. Every morning she logs her cycle, her basal temperature, her symptoms. She grants the app access to her Apple Health data because the onboarding screen says...