President-elect Trump has a crucial chance to revolutionize the American healthcare system by prioritizing patient price transparency in his upcoming term. While the Biden administration failed to fully implement these crucial transparency measures, Trump can empower patients to make informed decisions about their healthcare by ensuring they have access to transparent pricing information before receiving treatment.
Trump’s Opportunity to Make Healthcare Affordable
Trump’s 2019 executive order and subsequent rules on price transparency in healthcare marked a significant step towards providing Americans with the necessary information to make cost-effective healthcare choices. These rules allowed patients to compare prices for medical services, just like they would for any other purchase, enabling them to avoid overcharges and seek affordable care.
The Biden Administration’s Failures
However, the Biden administration’s lackluster enforcement and undermining of these transparency rules have hindered progress in making healthcare costs more transparent. Hospitals have been slow to comply with the requirements, with only a fraction of them fully disclosing their prices. This noncompliance has been exacerbated by the administration’s leniency towards hospitals that fail to meet transparency standards, allowing them to provide estimates and substitutes instead of actual prices.
Trump’s Path Forward
As President-elect Trump prepares to take office, he has the opportunity to reverse the rollbacks and delays imposed by the Biden administration and enforce robust price transparency rules. By ensuring that hospitals publish actual prices for all services and insurers provide detailed cost information to patients, Trump can empower Americans to make informed decisions about their healthcare and avoid financial hardship due to undisclosed medical costs.
Unite Americans for Affordable Healthcare
With the support of 92% of Americans for healthcare price transparency, Trump can unite citizens across political lines and cement his legacy as a champion for affordable and accountable healthcare. By prioritizing patient price transparency in his first 100-day agenda, Trump can make a lasting impact on the American healthcare system and redirect significant resources back to the economy, benefiting workers and businesses alike.
In conclusion, President-elect Trump has a unique opportunity to transform the American healthcare system by prioritizing patient price transparency. By learning from past failures and taking decisive action to enforce transparent pricing practices, Trump can empower patients, reduce healthcare costs, and improve the overall quality of care in the United States.
