Trump revisits price transparency with new executive order: 5 things to know
By Admin | February 25, 2025
President Donald Trump signed an executive order Feb. 25 aimed at boosting healthcare price transparency.
Five things to know:
1. The order directs HHS, and the Labor and Treasury departments to "rapidly implement and enforce" healthcare price transparency enforcement regulations that President Trump introduced during his first term, which he accused the Biden administration of "slow walking," according to a Feb. 25 White House fact sheet.
2. The departments will ensure hospitals and payers disclose actual prices, not estimates and take action to "make prices comparable across hospitals and insurers, including prescription drug prices."
3. The departments will also update their enforcement policies to ensure...(More)
For more info please read, Trump revisits price transparency with new executive order, Becker's Hospital CFO Report