New Trump administration rule will require hospitals post prices online

Should hospitals be REQUIRED to do this? That is an open question. But healthcare is so deeply crony, with so many weird deals and compensation structures thanks to endless regulation, it is possible that this may do some good. Sadly if we had a freer market in healthcare this might have been a moot issue.

(From The Hill)

Hospitals will be required to post online a list of their standard charges under a rule finalized Thursday by the Trump administration.

While hospitals are already required to make this information public on request, the Centers for Medicare and Medicaid Services (CMS) said the new rule would require the info be posted online to “encourage price transparency” and improve “public accessibility.”

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