The Trump Administration has released new healthcare rules that will benefit consumers. The Washington Examiner reports:
Hospitals will be required to post the prices they charge for surgeries and other medical procedures online under a new Trump administration rule.
The rule, finalized Thursday by the Centers for Medicare and Medicaid Services, is part of the Trump administration’s goal toward “value-based care,” which aims to reduce the costs of healthcare while improving outcomes. Officials hope to be able to drive down costs by showing patients more information about what different medical procedures will cost, and at times encourage them to shop around.
Previously, CMS required that hospitals make the information available to anyone who asks for it. Under the new rule, hospitals will need to update the prices every year beginning Jan. 1, 2019.
“The agency is considering future actions based on the public feedback it received on ways hospitals can display price information that would be most useful to stakeholders and how to create patient-friendly interfaces that allow consumers to more easily access relevant healthcare data and compare providers,” CMS said in a statement.
Progressives will no doubt ignore this very real improvement, focusing instead on their pipe dream of “Medicare for all”.
This is the first I’ve heard of this, but, on first thought, it strikes me that a person with medical insurance who needs elective surgery will have to ask their insurance company to shop around for the best price. This, naturally, would increase the premiums as well a create further delay, and could easily mean that you could not have your requested doctor and must change to a facility which may not be nearby. Has this been really thought through?