Trump administration proposes requiring hospitals to publish the prices they negotiate with insurers
Trump administration is proposing a rule that would require hospitals to publish the prices negotiated with insurers.President Donald Trump has made lowering health-care costs one of his key priorities.
President Donald Trump speaks to the media before departing the White House en route West Virginia in Washington, July 24, 2019.The Trump administration is proposing a rule that would require hospitals to publish the prices that are negotiated with insurers, or risk being fined. The proposed rule, announced Monday, would apply to any hospital that accepts Medicare. Hospitals could be fined up to $300 a day if the standard and negotiated prices for services are not posted online. Hospitals that fail to comply could be fined up to $300 a day.
The public comment period will be open until the end of September. If finalized, the rule would take effect in January.
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