Hospitals Draw Warning on Price Disclosure Rule Compliance - WSJ
The rule states that the agency ultimately can levy penalties of up to $300 a day if a hospital doesn’t comply. Some hospitals might decide the penalty is less than the cost to comply, said Heather Meade, a principal at Ernst & Young’s regulatory and legislative advisory division. Some also fear how competitors will use the price information, she said.
A $110,000 corporate tax imposed on hospitals, but not enacted by Congress. But then, what else has become of regulations in our Administrative State?