Trump Order Seeks Disclosure of Hospital Prices

Insurers say the idea could backfire, prompting hospitals to try to raise their own negotiated prices to match what high-earners are getting.

  • Published 24 June 2019

WASHINGTON (AP) — President Donald Trump will sign an executive order Monday that calls for upfront disclosure by hospitals of actual prices for common tests and procedures to keep costs down, administration officials said. Health and Human Services Secretary Alex Azar told reporters the idea is to give patients practical information that they can use to help save money. For example, if a hospital charges your insurer $3,500 for a type of echocardiogram and the… Read at AP News