The Trump administration released a plan Friday that would force hospitals and insurers to disclose their negotiate rates or risk being fined.
The administration already requires hospitals to publish list prices, sometimes referred to as “sticker prices.” That doesn’t always reflect what someone with insurance might pay. The rule presented Friday, expected to be enacted in 2021, will go further by requiring hospitals to also post the prices paid by various insurance plans.
President Donald Trump is expected to discuss his transparency rules for hospitals and insurers Friday afternoon in a Roosevelt Room event.
