Trump Orders Health Care Price Transparency

This is a U.S. news story, published by KFF Health News, that relates primarily to Trump news.

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KFF Health News

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Health

Trump’s 2025 health care price transparency order is a holy grail, but consumers find it only partially useful

Summary

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81% Informative

The goal is to force hospitals and health insurance companies to make it easier for consumers to compare the actual prices of medical procedures and prescription drugs.

Trump gave his administration until the end of May to come up with a standard and a mechanism to make sure the health care industry complies.

The order is also a symbol of how little progress the country has made since he issued a similar directive nearly six years ago .

Trump ’s executive order notes that the top quarter of the most expensive health service prices have dropped by 6.3% a year since his 2019 order.

But the bottom quarter of services got more expensive, at a rate of about 3.4% per year, an analysis by Turquoise Health examined rates at more than 200 hospitals in the 10 largest U.S. markets.

Some patients say they've been able to make price transparency work for them.

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