Still in the works, hopefully soon.
President Trump is expected to release an executive order as early as next week to mandate the disclosure of prices in the health-care industry, according to people familiar with the discussion.
The administration is also likely to use a coming hospital outpatient rule to require hospitals to disclose their negotiated rates with insurers, two people said. The rule is expected this summer.
Boy the insurers and hospitals really don’t want to disclose their secret pricing deals…
“Transparency for transparency’s sake, and forced disclosure of thousands upon thousands of competitively negotiated rates, will not help consumers,” said Matt Eyles, president of America’s Health Insurance Plans, an association of health insurers. “Instead, it will cause health-care costs to go up for every American. To improve access and affordability, we need to work together to improve competition, choice and collaboration.”
I think that translates as “to make healthcare more affordable, offer more taxpayer subsidies to pay our already sky high insurance premiums, and definitely don’t force us to disclose the shady backroom deals we’ve cut to pay off various counterparties at the expense of the customer.”