• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Economy

Trump signs executive order to make healthcare prices ‘transparent’

by February 26, 2025
by February 26, 2025

President Donald Trump on Tuesday signed an executive order directing the departments of the Treasury, Labor, and Health and Human Services to make healthcare prices transparent.

The order directs the departments to ‘rapidly implement and enforce’ the Trump healthcare price transparency regulations, which he claims were slowed by the Biden administration.

The departments will ensure hospitals and insurers disclose actual prices, not estimates, and take action to make prices comparable across hospitals and insurers, including prescription drug prices.

In addition, they will be required to update their enforcement policies to ensure hospitals and insurers are in compliance with requirements to make prices transparent.

‘When healthcare prices are hidden, large corporate entities like hospitals and insurance companies benefit at the expense of American patients,’ the White House wrote in a statement. ‘Price transparency will lower healthcare prices and help patients and employers get the best deal on healthcare.’

The executive order notes a number of concerns with current healthcare pricing, including that prices vary between hospitals in the same region.

‘One patient in Wisconsin saved $1,095 by shopping for two tests between two hospitals located within 30 minutes of one another,’ according to the statement.

The White House claims one economic analysis found Trump’s original price transparency rules, if fully implemented, could deliver savings of $80 billion for consumers, employers and insurers by 2025.

It added that employers will lower their healthcare costs by an average of 27% on 500 common services by better shopping for care.

‘They’ll be able to check them, compare them, go to different locations, so they can shop for the highest-quality care at the lowest cost,’ Trump wrote in the statement. ‘And this is about high-quality care. You’re also looking at that. You’re looking at comparisons between talents, which is very important. And, then, you’re also looking at cost. And, in some cases, you get the best doctor for the lowest cost. That’s a good thing.’

The White House said American patients are ‘fed up with the status quo,’ with 95% saying healthcare price transparency is an important priority. More than 50% said it should be a top priority of the government.

In his first term, Trump took historic action by mandating that hospitals and insurers make prices public.

A lawsuit was filed against the Biden administration in 2023, alleging it did not enforce the prescription drug transparency requirements. 

‘While the prior Administration failed to prioritize further implementation and enforcement of these requirements, President Trump is delivering on his promises to make the healthcare system more affordable and easier to navigate for patients,’ according to the statement.

Fox News Digital previously reported the administration’s tariffs on China will affect drug costs.

Consumers are more dependent on China for medications for anxiety and other psychiatric disorders, such as antidepressants.

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
GOPers press for the release of JFK, Epstein files: Here’s why they’re not out
next post
White House confirms who was appointed as acting administrator of DOGE

Related Posts

Have Mount Laurel Obligations Made New Jersey Housing...

October 8, 2025

Rent Control Will Make the Housing Crisis Worse

October 8, 2025

Gold’s Acceleration Reveals Vanishing Calm, Coming Change

October 8, 2025

Why the Erosion of Central Bank Independence Matters

October 8, 2025

Oct 7 anniversary: Netanyahu finds unlikely ally amid...

October 8, 2025

Biden didn’t want intel disseminated showing Ukrainian concerns...

October 8, 2025

Cruz clashes with Nigeria over his claims 50,000...

October 8, 2025

House committee withdraws James Comey subpoena for Jeffrey...

October 8, 2025

Trump meets former Hamas hostage Edan Alexander on...

October 8, 2025

Government limps deeper into shutdown crisis with no...

October 8, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • Have Mount Laurel Obligations Made New Jersey Housing More Affordable? A Synthetic Control Analysis of Housing Supply and Cost

    October 8, 2025
  • Rent Control Will Make the Housing Crisis Worse

    October 8, 2025
  • Gold’s Acceleration Reveals Vanishing Calm, Coming Change

    October 8, 2025
  • Why the Erosion of Central Bank Independence Matters

    October 8, 2025
  • Cristiano Ronaldo joins the billionaire club, net worth hits $1.4B

    October 8, 2025
  • Elon Musk’s xAI secures $20B boost as Nvidia, Apollo, and Valor back data centre expansion

    October 8, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 5

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 6

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 7

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025

Categories

  • Economy (2,816)
  • Editor's Pick (280)
  • Investing (185)
  • Stock (1,920)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

The Trolley Problem of Taxation: Should DOGE...

March 4, 2025

Crop Insurance, NASCAR, and Seatbelts: Why The...

March 21, 2025

Amazon ‘anti-union propaganda,’ employee surveillance loom over...

February 20, 2025