CNBC November 15, 2019
KEY POINTS
- Hospitals will now be required to post their standard charges for services, which include gross charges, the negotiated rates with insurers and the discounted price a hospital is willing to accept from a patient.
- The rule begins a “new era” in price transparency in health care, Health and Human Services Secretary Alex Azar says.
- Trump is expected to discuss his transparency rules Friday afternoon in a Roosevelt Room event.
The Trump administration released a plan Friday that would force hospitals and insurers to disclose their negotiate rates or risk being fined.
The administration already requires hospitals to publish list prices, sometimes referred to as “sticker prices.” That doesn’t always reflect...
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