Fox Business June 24, 2020
Megan Henney

By shining a light on the discrepancies in prices, the Trump administration argues that hospitals will face pressure to compete for patients, eventually causing costs to drop

Senator Martha McSally, R-Ariz., says if China shared more information about the coronavirus at the beginning, the United States would’ve been more prepared.

The Trump administration scored a major legal victory this week when a federal judge upheld a law that requires hospitals and insurers to publish their negotiated price for services — a rule intended to increase price transparency for patients shopping for coverage.

Under the rule, announced in mid-November, hospitals will have to report the rates they strike with individual insurers for...

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Topics: CMS, Congress / White House, Govt Agencies, Health System / Hospital, Healthcare System, Insurance, Patient / Consumer, Physician, Pricing / Spending, Provider, Regulations
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