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Trump to issue executive order to increase transparency in health-care prices

June 24, 2019

Via: CNBC
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President Donald Trump will issue Monday an executive order designed to pressure insurers, doctors and other health-care providers to disclose more information about their prices, administration officials said.

The executive order will direct the Department of Health and Human Services to require hospitals and insurers to disclose negotiated rates for services as well as provide patients with out-of-pocket costs before their procedures.

Transparency can “empower” patient choice, Health and Human Services Secretary Alex Azar said in a call Monday with reporters.

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