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2025-02-26 19:54
President Donald Trump signed an executive order late Tuesday directing federal agencies to reinforce rules associated with one of his prior orders that required insurers and providers to provide more transparent healthcare prices for the public.
Under the order, the U.S. Departments of the Treasury, Labor, and Health and Human Services (HHS) will be tasked with implementing and enforcing the regulations President Trump introduced in 2019 during his term.
“In his first administration, President Trump took historic action by mandating that hospitals and insurers make prices public,” the White House said in a statement, adding those regulations “were ‘slow-walked" by the Biden administration.”
The order requires the federal agencies to “ensure hospitals and insurers disclose actual prices, not estimates, and take action to make prices comparable across hospitals and insurers, including prescription drug prices.”
They will also update federal enforcement policies to make sure hospitals and insurers comply with price transparency regulations.
“Price transparency will lower healthcare prices and help patients and employers get the best deal on healthcare,” the White House said.
Leading health insurers: UnitedHealth (NYSE:UNH), Humana (HUM), CVS Health (NYSE:CVS), Cigna (CI), Clover Health (CLOV), Elevance Health (ELV), Molina Healthcare (MOH), Centene (CNC) and Alignment Healthcare (ALHC)
Listed healthcare providers: HCA Healthcare (NYSE:HCA), Community Health Systems (CYH), Surgery Partners (SGRY), Tenet Healthcare (NYSE:THC), SunLink Health Systems (SHY), Universal Health Services (UHS), Select Medical Holdings (SEM), Acadia Healthcare (ACHC), LifeStance Health Group (LFST)