According to the assumptions of classical economics the price should be set at the
intersection of the supply and demand curve under the assumption of full information and
rationality of market participants. However in health care pricing is often regulated and
price is set by the regulatory body. Due to the fact that the regulations in terms of pricing
include activities that lead to price-setting of a good (health service) costs associated with
these activities should be treated as transaction costs. The study is the result of the
research on the transaction costs of the pricing of health services. The primary objective of
the study is to identify the transaction costs occurring during the pricing of health services
and characterize the factors that affect the level of transaction costs. An additional
objective of this study is to link the conclusions about the level of transaction costs to the
conclusions regarding the accuracy of the cost-based pricing in health care. The empirical part
of the work was carried out based on the analysis of primary and secondary sources. Its aim was
to present how pricing is organized in seventeen countries selected.