Heritage November 27, 2019
KEY TAKEAWAYS
The president’s combination of rule changes should directly benefit patients.
Markets, including health care markets, cannot work unless consumers have reliable information on the price and quality of the services they are buying.
Health care is a huge, complex, and growing sector of the American economy, and it is largely insulated from consumer power.
President Donald Trump recently announced major administrative actions that would lift the veil on health prices for hospital procedures and services covered by health insurance.
As Alex Azar, secretary of the Department of Health and Human Services, declared: “Today’s transparency announcement may be a more significant change to American health care...