Jun 24, 2019 - Health

Trump orders more price transparency from hospitals

President Trump and HHS Sec. Alex Azar

President Trump with HHS Secretary Alex Azar. Photo: Chip Somodevilla/Getty Images

President Trump will sign an executive order today directing his administration to require hospitals to disclose more information about the prices patients and insurers actually pay. The order also aims to give patients more information about their out-of-pocket costs.

What's next: The prices hospitals negotiate with insurers are valuable business information, and both parties will likely fight hard to keep those prices secret.

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