New Trump administration rule will require hospitals post prices online

Hospitals will be required to post online a list of their standard charges under a rule finalized Thursday by the Trump administration.

Increasing price transparency has been a priority for the administration as a way to drive down health-care costs.

“This is a small step towards providing our beneficiaries with price transparency, but our work in this area is only just beginning”, Centers for Medicare and Medicaid Services Administrator Seema Verma said in a speech last month. “Price transparency is core to patient empowerment and making sure American patients have the tools they need so they can make the best decisions for them and their families.”

Continued: New Trump administration rule will require hospitals post prices online | TheHill