Trump Signs Executive Order Compelling Disclosure of Prices in Health Care

Trump Signs Executive Order Compelling Disclosure of Prices in Health Care

President Trump on Monday pushed for greater price disclosure in health care, signing an executive order that could make thousands of hospitals expose more pricing information and require doctors, health clinics and others to tell patients about out-of-pocket costs upfront. Some health analysts said exposing rates could reveal more information about costs and actually fuel support for Medicare for All, a goal backed by some Democratic presidential candidates that would set upper limits on hospital reimbursements. In addition to a rule on hospital prices, the order requires federal agencies in 90 days to pursue a plan for requiring providers and insurers to give patients upfront, out-of-pocket cost information.

Source: www.wsj.com