Physical Sciences and Mathematics Commons^™

Outvoice: Bringing Transparency To Healthcare, Autumn Clark

Undergraduate Honors Theses

Industries are not incentivized to price reasonably and spend responsibly if consumers do not have the ability to shop around within that industry, and shopping around is not possible without pricing transparency (knowing how much a good or service costs before purchasing it). But in the healthcare industry, we typically default to whichever clinic or hospital is closest, with no prior knowledge of what costs we can expect to incur at that particular institution. According to a poll published by Harvard University, nine out of ten Americans feel the healthcare industry is too opaque and greater transparency is needed.

We …