Employers Press Congress to Cement Health Price Transparency Before Trump's Return
ABC News Health (nprofile…znwr)
This is a MedPage Today story. It seems simple: Require hospitals and insurers to post their negotiated prices for most healthcare services and -- bingo -- competition follows, yielding lower costs for consumers. But nearly 4 years after the first Trump administration's regulations forced hospitals to post massive amounts of pricing information online, the effect on patients' costs is unclear. And while President Joe Biden added requirements to make pricing information more user-friendly, Donald Trump's imminent return to the White House has raised questions about what's next, even though posting prices is an area of rare bipartisan agreement. The uncertainty of what might happen next led some proponents to lobby Congress to include hospital and insurer price transparency in must-pass legislation before Trump takes office. That would turn both his and Biden's regulations into law, making them less susceptible to being weakened or repealed by a future administration. But that...
https://abcnews.go.com/Health/wireStory/employers-press-congress-cement-health-price-transparency-trumps-117021462
This is a MedPage Today story. It seems simple: Require hospitals and insurers to post their negotiated prices for most healthcare services and -- bingo -- competition follows, yielding lower costs for consumers. But nearly 4 years after the first Trump administration's regulations forced hospitals to post massive amounts of pricing information online, the effect on patients' costs is unclear. And while President Joe Biden added requirements to make pricing information more user-friendly, Donald Trump's imminent return to the White House has raised questions about what's next, even though posting prices is an area of rare bipartisan agreement. The uncertainty of what might happen next led some proponents to lobby Congress to include hospital and insurer price transparency in must-pass legislation before Trump takes office. That would turn both his and Biden's regulations into law, making them less susceptible to being weakened or repealed by a future administration. But that...
https://abcnews.go.com/Health/wireStory/employers-press-congress-cement-health-price-transparency-trumps-117021462