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Trump’s latest Executive Order forces healthcare price transparency, shaking up an industry that thrived on secrecy and price gouging

President Donald Trump has signed an executive order aimed at making healthcare prices transparent. This order seeks to shake up an industry that has long kept pricing secret and potentially allows consumers to find better deals on medical services.

• The executive order mandates that healthcare providers and insurers publicly disclose their prices for services.

• It targets the lack of transparency that has historically benefited insurers and providers, keeping patients uninformed.

• Trump's 2019 rules on price transparency had low compliance, with only 14% of hospitals adhering to them by 2022.

• The new directive intends to enforce stricter compliance and requires full disclosure of actual costs for procedures like MRIs and colonoscopies.

• Critics, including some insurance industry groups, argue that the policy might raise premiums and disrupt current negotiating processes.

• Andrew Bremberg, a former official in Trump's administration, remarked that this move represents a significant step toward empowering consumers.

• Cynthia Fisher from PatientRightsAdvocate.org noted that real price visibility could transform the healthcare market by enhancing competition.

• The executive order also follows another initiative aimed to reduce costs related to in vitro fertilization (IVF).

Trump's executive order signifies a major shift in the healthcare system, pushing for greater transparency which could ultimately lower costs for patients. If successful, this could change how healthcare is accessed and paid for in America, shifting power towards consumers. The initiative is positioned as a challenge to a long-standing system of secrecy in healthcare pricing. 

https://www.naturalnews.com/2025-02-27-trumps-latest-executive-order-forces-healthcare-price-transparency.html

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