White Home Unveils Guidelines Requiring On-line Disclosure of Hospital Costs

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 rising competitors. The Hill reviews: 

One regulation would require hospitals to offer a consumer-friendly on-line web page the place costs are listed for 300 frequent procedures like X-rays and lab assessments. A second regulation would require insurers to offer a web-based software the place folks may examine their out-of-pocket prices at totally different medical suppliers earlier than receiving therapy. 

Officers billed the announcement as a serious step in President Trump’s well being care agenda. The transfer is controversial with the well being care trade, 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 will sue to cease the rule. 

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