Enforcing price transparency in health care will reduce costs and improve quality for patients. President Trump must keep this principle at the heart of his healthcare reform agenda.
“Radical transparency” has become a favorite phrase of the Trump administration. The president recently signed an executive order that aims to “empower patients with clear, accurate, and actionable pricing information.”
If hospitals and insurers comply — and that’s a big if — patients will finally be able to shop for the best value in health care, just as they do for other goods and services.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
Here’s what “radical transparency” on health care can look like
Sally C. Pipes
Enforcing price transparency in health care will reduce costs and improve quality for patients. President Trump must keep this principle at the heart of his healthcare reform agenda.
“Radical transparency” has become a favorite phrase of the Trump administration. The president recently signed an executive order that aims to “empower patients with clear, accurate, and actionable pricing information.”
If hospitals and insurers comply — and that’s a big if — patients will finally be able to shop for the best value in health care, just as they do for other goods and services.
But the administration can go further.
Read the op-ed here:
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.