New York State residents will soon have a new tool to help them decipher health care costs, Gov. Andrew M. Cuomo announced Friday.
As part of his 2020 State of the State agenda, Cuomo plans to direct three state agencies to develop a new website, called NYHealthcareCompare, that will let consumers search cost and quality information for medical procedures at hospitals in the state.
The measure is aimed at increasing price transparency for consumers and, potentially, driving down their costs. A July report by the New York State Health Foundation found that health care spending in the state is rising far more sharply than the national average, particularly when it comes to doctor’s visits, inpatient services and prescription drugs.
While hospitals have been required to publicize cost information since last January, critics have said the data is not adequately accessible.
"This new website will give New Yorkers the facts they need to make informed decisions about the cost and quality of health care procedures,” Cuomo said in a statement.