In a new executive decreePresident Trump reaffirmed his commitment to one of his favorite health care policies of his first mandate: his push To make prices paid for public and transparent medical services.
Trump signed order Tuesday afternoon. After years of enthusiastic compliance of hospitals and insurance companies with previous policies, Trump reports a more aggressive approach to enforce the rules and make pricing data for patients, said a home manager White.
Health care prices have historically been enveloped in secrets, negotiated privately between doctors, hospitals, pharmaceutical companies and insurance companies paying their bills. The parties of these negotiations fought hard to keep these figures out of the public, saying that confidentiality is the key to their negotiation process. Literally on economic literature – which was based strongly on a Danish concrete price study In the 1990s – suggested that making public people could really turn against him, increasing health care prices.
But with two major rules published jointly by the departments of health and social services, the treasury and the work during his first mandate, Mr. Trump tried to force the industry to become more transparent. A rule Hospitals demanded to publish the prices they billed to various insurers for a set of common services. Another Obliged insurance companies publish a more complete list of prices they had negotiated with various health care providers.
Industry compliance has been breakslow and marked by extensive litigation. Once the rules became finals in 2021, many hospitals simply refused to publish the required lists. Others have tried to make their price information difficult to find. The Wall Street Journal reported That many had inserted code into their web pages listing prices that made the pages impossible to find using an internet search engine.
However, the requirement has provided new information to researchers, employers and certain patients on the nature of health care prices – and their Broad and often inexplicable variation. Until now, the policy has not been held on one of the main promises of Mr. Trump of his last mandate, that the transparency of prices would considerably result in health care costs. Health care prices have continued to increase.
The new executive decree task HHS, the treasure and the work by considering new ways to expand the scope of current initiatives, but that does not require many specific new policies. Any new significant transparency initiative would require regulatory action or legislation, or both. But the signing of the new order suggests that Mr. Trump has not forgotten this priority, which he often described as the first mandate “greater than health care himself”.