News Headlines Article

Medical bills may soon be as easy to read as credit card statements

There are few things as flat out baffling as a medical bill.

And that matters more and more as many of us end up paying out of pocket to cover our health costs. But there’s a chance these pages of gobbledygook may soon do the unexpected and explain what we owe.

On Monday morning, the U.S. Department of Health and Human Services kicks off a competition to redesign medical bills and the billing process for consumers. In case you’ve missed the memo, federal health officials are overhauling health care to bring more “value” to the system.