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.
A Trio of New Transparency Laws: Examining the Open Government Reforms Instituted by SB 843, HB 103, & HB 3526
During the Regular Session, the 89th Texas Legislature passed three key measures to meaningfully improve fiscal transparency and cultivate a more informed decision-making environment. These well-intentioned measures include: • HB 103 (2025), relating to the creation and maintenance of a database of taxing unit bond, tax, and bond-related project information; providing a civil penalty; •...