U.S. Hospitals And Insurers Might Be Forced To Reveal The True Prices They Negotiate

The Trump administration aims to boost competition among hospitals and cut costs by letting consumers see how widely prices can vary for the same medical or surgical procedure. But health economists say patients typically have little choice in choosing their hospital.

A little-noticed Trump administration proposal would require hospitals, doctors and insurers to post the true, negotiated price for a medical procedure or service, as opposed to the “list” price.

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