Forbes March 24, 2025
President Trump’s new hospital price transparency executive order directs federal agencies to enforce regulations that the president put into effect in his first term.
Trump’s action reflects a step toward enforcing long-ignored regulations, ensuring patients have access to relevant pricing information to make informed healthcare decisions. Without strict enforcement and meaningful penalties, hospitals will continue to resist transparency in the cost of services provided, preventing a competitive, value-driven healthcare marketplace.
The new order gives the Departments of Treasury, Labor and HHS 90 days to require hospitals and insurers to disclose actual prices, not estimates, issue regulatory action ensuring pricing information is standardized and easily comparable across hospitals and health plans, and update enforcement policies designed to assure compliance.
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