“President Trump on Monday signed an executive order that promises to empower patients and require hospitals to disclose their prices…”
“The Department of Health and Human Services will propose a regulation requiring hospitals to publicly post standard charge information within 60 days. The executive order also requires the federal agency to ask for comments on expected out-of-pocket costs for items or services in 90 days and in 180 days, respectively, deliver a report addressing who is slowing down the efforts to have those prices transparent…”
“Despite several health care bills that have been introduced in Congress, Verma said not much has been done to ward off the rising cost of health care that has been to be prevalent over the past 10 years.” Read the full article or watch the video here.
Source: Trump health care executive order means price, quality transparency: CMS administrator – By Henry Fernandez, June 24, 2019. FOX Business.