Trump Administration Releases Transparency Rule in Hospital Pricing
Posted on AllSides November 15th, 2019
From The Center
Plans to propose similar requirement for insurers; legal challenges are likely
The Trump administration Friday released a far-reaching plan that would for the first time force hospitals and insurers to disclose their secret negotiated rates.
Administration officials said the final rule will compel hospitals in 2021 to publicize the rates they negotiate with individual insurers for all services, including drugs, supplies, facility fees and care by doctors who work for the facility.
The administration proposed extending the disclosure requirement to the $670 billion health-insurance industry. Insurance companies and group health...
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