A price transparency rule for American consumers to more easily view what health care services will cost takes effect today after having been imposed by former President Trump.
In October 2020, Trump finalized a rule that requires health insurers and self-insured plans to disclose their prices and cost-sharing information for consumers to view. The rule is set to give 200 million Americans insured by private healthcare providers access to real-time pricing information and costs.
“Donald Trump really does deserve credit for this anti-monopoly rule on price transparency for insurers, hospitals, doctors, et al,” said Matt Stoller who writes an anti-monopoly newsletter and works at the American Economic Liberties Project.
Health care industry insiders told Axios that the price transparency rule is “massive” and “a huge moment.”
R&I – TP
ConservativeChick
Article URL : https://www.breitbart.com/politics/2022/07/01/trumps-price-transparency-rule-for-health-care-begins-a-huge-moment/