price transparency
Open pricing information
Price transparency is the availability of clear information about what goods or services cost.
In healthcare, it refers to patients' ability to learn prices before receiving treatment: The hospital's price transparency initiative lets patients compare costs upfront.
Markets with price transparency allow buyers to make informed decisions; those without it often favor sellers.
- shopping aroundComparing sellers before purchasing
- itemizedListed separately, point-by-point
- antitrust lawsRegulations preventing corporate monopolies
- competitionStruggle for supremacy
- truth in advertisingRequirement for honest promotion
consumer education · billing · pricing · fair trade practices · markup · consumer protection laws · consumer choice · corporate accountability · upfront · clear · visibility · openness · disclosure · marketplace · out-of-pocket costs · charge · informed · rates
- pricingpricing, overpricing, discounts, overcharge, markdowns
- consumer rightsrefund, warranty, repair, returns, replacement
- Healthcare Costshealthcare costs, healthcare spending, health spending, medical bills, medical debt
- fair marketsfair competition, fair dealing, fair play, fair pricing, level playing field
- medical billingmedical billing, claim, copay, copayment, co-payment
- air travel rightspassenger rights, denied boarding, compensation claims, refunds, bumped passengers
price transparencydeceptive pricing
Dishonest cost presentation
price gouging · bait-and-switch · predatory pricing · drip pricing · price manipulation