For years, Americans have struggled with high health insurance premiums, high prescription drug prices, and a lack of competition in the healthcare market. To solve these longstanding problems and bring relief to consumers, the Trump administration has focused on promoting price transparency, stopping fraud, negotiating lower drug prices, and ending Obamacare subsidies.
One of the first things President Donald Trump did was sign the “Making America Healthy Again by Empowering Patients with Clear, Accurate, and Actionable Healthcare Pricing Information” executive order. It requires providers to reveal exact prices instead of estimates, directs the Departments of Health and Human Services, Labor, and Treasury to ensure compliance, and expands reporting requirements to diagnostic labs, imaging centers, and ambulatory surgical centers.
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