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Hospitals may face stiffer penalties for not showing their prices. Photo: Francine Orr/Los Angeles Times via Getty Images

The federal government has proposed raising penalties on hospitals that do not publish prices they negotiate with private health insurers.

Why it matters: Many hospitals were not complying with the new regulation that required them to post prices for at least 300 "shoppable" services, in part because the maximum penalty was only $110,000 per year. The federal government is proposing to raise the maximum penalty to $2 million per year for the largest hospitals.

Go deeper

Consumers complain about high prices, but buy anyway

Data: University of Michigan; Chart: Axios Visuals

Shoppers are outraged by how expensive some stuff is getting.

Why it matters: Consumer sentiment is important because it’s generally correlated with spending. Complaints about prices today and concerns about inflation down the road have caused the recovery in sentiment to stall.

Jul 19, 2021 - Axios Denver

A health code crackdown is brewing — and stirring controversy

Illustration: Aïda Amer/Axios

Businesses could be charged 400% more for violating Denver's public health code under a new proposal from the head of the city's health department that's drawing swift opposition from some industry leaders.

Driving the news: A City Council committee last week unanimously advanced a bill backed by public health director Bob McDonald that would raise the maximum fine for public health violations from $999 to $5,000.

Updated 49 mins ago - Sports

Olympics dashboard

⛳️: Golfer Bryson DeChambeau will miss Olympics after testing positive for COVID

📺: The Olympic events to watch today

🏊: Athlete spotlight — When to watch swimming star Katie Ledecky

🥋: Iranian defector defeats Iranian in taekwondo

🤖: The robot Olympics

🚨: Heat wave brings scorching temperatures to Tokyo Olympics

🎤: Meet the new faces of NBC's Olympics coverage

Go deeper: Full Axios coverage

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