Building a Cost Transparency Tool Across Industries
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Building a Cost Transparency Tool Across Industries
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About this listen
One of the biggest frustrations across industries is hidden costs. In healthcare, patients receive a bill weeks after a procedure with no idea of what they truly owed until it is too late. In travel, the ticket price looks low until baggage fees, seat selection, and resort charges pile on. Retail and finance are no different, with unexpected fees and fine print eroding trust.
I explore how to design and build cost transparency tools that give customers clarity before they commit. From showing patients a pre-EOB view of their out-of-pocket healthcare costs, to helping travelers understand the full cost of a trip, to breaking down every cent of a retail purchase, these tools create confidence, reduce frustration, and build lasting loyalty.
Transparency is no longer optional. The companies that master it will be the ones customers return to, not just because of lower prices, but because of honesty and trust.