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There was a lot of fanfare recently about the Trump administration potentially forcing hospitals to disclose their negotiated prices, but it appears that at best that fight is now on hold.
Hospitals dodge price transparency bullet with delayed Trump decision
Hospitals dodge price transparency bullet with delayed Trump decision
The Trump administration is promising to issue a "forthcoming final rule" related to its proposal requiring hospitals to post all of their privately negotiated prices with insurance companies. It delayed a decision in a final regulation released Friday.
Between the lines: Even if the Trump administration follows through and issues a price transparency rule, the industry almost certainly will sue to block it — meaning this policy is years away from seeing the light of day.
- Hospitals and insurers flooded the government with comments, arguing they should not have to publish their negotiated rates because it'd be too complex.
- These contracts reflect the wild variation of prices and the market power of a given entity, and they will be guarded at all costs.
The bottom line: The health care industry is winning almost every major policy battle in the Trump administration.