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Federal Reserve Bank of Philadelphia Consumer Finance Institute: 'Hospital Billing Regulations and Financial Well-Being: Evidence From California's Fair Pricing Law'
December 09, 2025
PHILADELPHIA, Pennsylvania, Dec. 9 (TNSLrpt) -- The Federal Reserve Bank of Philadelphia's Consumer Finance Institute issued a working paper in December 2025 entitled "Hospital Billing Regulations and Financial Well-Being: Evidence from California's Fair Pricing Law."

Here are excerpts:

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1 Introduction

Insurance contracts provide a form of income smoothing by allowing for the transfer of income across states of being (R . . .

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