The news: President Trump instructed three federal health departments to enforce prior healthcare price transparency regulations that were “slow-walked” by the Biden administration, per an executive order.
How we got here: The first Trump administration finalized rules requiring hospitals to disclose what they charge for medical services and requiring hospitals and insurers to post their negotiated rates for such procedures online.
The idea was to let consumers shop for medical care and use online tools to receive a good-faith estimate of their out-of-pocket costs.