Hospital costs, among the fastest-growing expenditures in the US economy, have been notoriously opaque and unsustainable with only 34.5% reported to be fully compliant with the federal Price Transparency Rule. While the battle to curb costs has been going on for decades, only recently have employers/purchasers had access to data enabling them to truly understand just how unresponsive hospitals have been. This workshop provides essential information about plan sponsor fiduciary rights and responsibilities; how to determine what a fair price is; and available options to drive fair price practices in specific markets.