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

The Trump administration has released two new rules requiring hospitals and insurers to make their negotiated prices public, giving patients the ability to shop around for care based on price.

The big picture: The rules — one final and one proposed — could have a huge impact on the health care system, and will surely be fought by the industry — including in court.

Between the lines: The hospital price transparency rule, which requires the disclosure of negotiated rates, is final and will be implemented in January 2021 — if it withstands the legal challenges that will almost certainly be made against it.

  • A second rule, which requires insurers to tell patients their out-of-pocket obligations ahead of time, was proposed, giving the industry time to fight its finalization.

Details: Hospitals will be required to make all of their charges public in a machine-readable file, including payer-specific negotiated rates, the amount the hospital will accept in cash for a service, and the minimum and maximum negotiated rates.

  • Hospitals will also be required to release the same information for 300 shoppable services in a consumer-friendly method, meaning one that patients can use.
  • The rule gives the Centers for Medicare and Medicaid Services the authority to fine hospitals that don't comply $300 per day.

Insurers, under the proposed rule, would have to offer enrollees personalized information about their cost-sharing obligations for all covered services.

  • Insurers would also have to disclose their negotiated rates for in-network providers and what they'll pay for out-of-network providers.

Go deeper

3 hours ago - Health

FDA advisory panel recommends Pfizer boosters for those 65 and older

A healthcare worker prepares a dose of the Pfizer-BioNTech Covid-19 vaccine at the Key Biscayne Community Center on Aug. 24, 2021. Photo: Eva Marie Uzcategui/Bloomberg via Getty Images

A key Food and Drug Administration advisory panel on Friday overwhelmingly voted against recommending Pfizer vaccine booster shots for younger Americans, but unanimously recommended approving the third shots for individuals 65 and older, as well as those at high-risk of severe COVID-19.

Why it matters: While the votes are non-binding, and the FDA must still make a final decision, Friday's move pours cold water on the Biden administration's plan to begin administering boosters to most individuals who received the Pfizer vaccine later this month.

3 hours ago - World

France recalls ambassadors from U.S. and Australia over submarine deal

Secretary of State Antony Blinken (L), French Foreign Minister Jean-Yves Le Drian (C), and French ambassador to the U.S. Philippe Etienne. Photo: Nicholas Kamm/AFP via Getty Images

France has taken the extraordinary step of recalling its ambassadors to the U.S. and Australia after both countries blindsided their French allies with a new military pact and submarine contract, the French Foreign Ministry announced on Friday.

The backstory: While sealing an agreement with the U.S. and U.K. to acquire nuclear submarines, Australia ripped up an existing $90 billion submarine deal with France. That led senior French officials to accuse the U.S. of a "stab in the back."

Updated 3 hours ago - World

In reversal, Pentagon now says drone strike killed 10 Afghan civilians

Caskets for the dead are carried towards the gravesite as relatives and friends attend a mass funeral for members of a family that is said to have been killed in a U.S. drone airstrike, in Kabul on Aug. 30. Photo: Marcus Yam/Los Angeles Times via Getty Images

A U.S. drone strike launched on Aug. 29 killed 10 civilians in Afghanistan, including seven children, rather than the Islamic State extremists the Biden administration claimed it targeted, the Pentagon said Friday.

Why it matters: U.S. Central Command said at the time that officials "know" the drone strike "disrupted an imminent ISIS-K threat" to Kabul's airport, and that they were "confident we successfully hit the target."