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New federal regulations finalized Nov. 15 require hospitals to make public all the prices they negotiate with insurers and health plans, starting in 2021. The aim is to untangle the hospital marketplace with a wave of consumer-friendly information that will promote competition that leads to lower costs.
Trump administration to require hospitals to reveal discounted prices they give insurers
The Trump administration plans to release a sweeping proposal on Friday that would require hospitals to publicly disclose the discounted prices they secretly negotiate with insurance companies — a change intended to increase price transparency for patients shopping for care.