WASHINGTON (AP) —President Trump on Tuesday signed an executive order mandating price transparency for all health care costs.
The order requires hospitals to post online the rates for some of their most common services, from MRI scans to caesarean section deliveries. Trump has long sought to address the secrecy that often surprises patients with treatment invoices.
The president calls the transparency requirement “one of the biggest things that can happen to reducing costs in health care.”
Trump issued a similar rule during the last year of his first term in office, but President Joe Biden did little to enforce it.
Hospitals and insurers had strongly opposed the rule, and many had not complied.
“It’s been unpopular in some circles because people make less money,” Trump said during a signing event in the Oval Office. “But it’s great for the patient. It’s great for the people in our country.”