Craig Gotwals is all over this potentially good news for the supporters of free enterprise:
Post on Gotwals blog
This proposed regulation has the potential to do more for healthcare price containment and transparency than the 40,000 pages of statues and regulations spawned by the Patient Protection and Affordable Care Act (“PPACA” or “Obamacare”). The Trump Administration is considering a regulation to compel doctors, hospitals and other healthcare providers to make the “secret” agreements on pricing they have in place with the insurance industry publicly available. For the first time in the history of modern insured healthcare in America, the public would actually know the real prices and the free market would begin to be unleashed.
Obviously there will be tremendous pushback by the medical oligopoly and the Democrats who want the current system to totally fail so they can ram through socialized medicine.
How would you utilize price information if it were available?
We can all think of ways the medicos will try to avoid getting nailed down on the price such as with the creative coding used by some MDs I have consulted where if I even mention some topic they code it as a billable event.