CNBC July 29, 2019
- The Trump administration is proposing a rule that would require hospitals to publish the prices negotiated with insurers.
- Hospitals could be fined up to $300 a day if they fail to make prices available online.
- President Donald Trump has made lowering health-care costs one of his key priorities.
The Trump administration is proposing a rule that would require hospitals to publish the prices that are negotiated with insurers or risk being fined.
The proposed rule, announced Monday, would apply to the roughly 6,000 hospitals that accept Medicare. Hospitals could be fined up to $300 a day if the standard and negotiated prices for services are not posted online.