The Trump administration on Friday unveiled new guidelines to require elevated disclosure of well being care costs, in a transfer officers stated would drive down prices by growing competitors. The Hill experiences:
One regulation would require hospitals to supply a consumer-friendly on-line web page the place costs are listed for 300 widespread procedures like X-rays and lab assessments. A second regulation would require insurers to supply a web-based instrument the place folks might examine their out-of-pocket prices at totally different medical suppliers earlier than receiving remedy.
Officers billed the announcement as a significant step in President Trump’s well being care agenda. The transfer is controversial with the well being care business, as each hospitals and insurers have objected to having to reveal the data…
President Trump stated in remarks on the White Home on Friday that the transfer is “one other main victory in our mission to ship nice well being care at a worth you possibly can afford.”
“I don’t know if the hospitals are going to love me very a lot anymore however that’s okay,” he stated, later including, “after many, a few years we lastly have transparency.”
Certainly, hours after the announcement, the American Hospital Affiliation, together with different supplier teams, introduced it might sue to cease the rule.