Donald Trump Announces Revolutionary Healthcare Transparency Rules: President Donald Trump announced a new rule requiring hospitals to publish their prices for services publicly, allowing customers to make more informed choices.
“For decades, hospitals, insurance companies, lobbyists, and special interests have hidden prices from consumers so they could drive up costs for you,” Trump said. “And you had no idea what was happening. You’d get bills that were unbelievable and you have no idea why.”
The finalized price transparency rule, implemented in January 2021, requires hospitals to disclose negotiated rates with insurance companies.
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