When pricing information is widely available in a consumer-friendly format, patients can shop around for the best-value care.
For markets to function efficiently, consumers need to know how much things cost.
This is as true for eggs and milk as it is for medical care.
And it was this very insight that motivated the rule that President Donald J. Trump implemented during his first term in 2019 ordering hospitals to be transparent about their prices.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
President Trump Hasn’t Given Up on Hospital Price Transparency
Sally C. Pipes
When pricing information is widely available in a consumer-friendly format, patients can shop around for the best-value care.
For markets to function efficiently, consumers need to know how much things cost.
This is as true for eggs and milk as it is for medical care.
And it was this very insight that motivated the rule that President Donald J. Trump implemented during his first term in 2019 ordering hospitals to be transparent about their prices.
Read the entire op-ed here.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.