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.
TrumpRx is a Game-Changer, Texas Can Go Even Further
President Trump’s TrumpRx initiative is a game-changer in the fight to lower prescription drug prices for everyday Americans. For far too long, prescription medication costs have been obscenely high, not because of the true cost of research and manufacturing, but because of a tangled web of insurance plans, middlemen, and opaque price-setting that enriches gatekeepers...