The Centers for Medicare & Medicaid Services proposed a new rule last week that would impose higher penalties for large hospitals that fail to comply with price transparency rules.
From U.S. Department of Health and Human Services Secretary Xavier Becerra:
With today's proposed rule, we are simply showing hospitals through...National News
Last Friday, President Joe Biden issued a broad-sweeping executive order to address issues of corporate consolidation across U.S. industries. One of the industries cited was hospitals, drawing criticism for "misguided intentions" from industry stakeholders.
President Biden directed the U.S. Department of Health and Human Services...National News
Last week, President Donald Trump shocked pharmaceutical companies by signing three executive orders (EOs) that will influence drug prices in favor of consumers, according to the White House.
One of the EOs, which would revive a 2018 rule that was nixed following negotiations with pharmaceutical companies, included an invitation...National News
The Trump administration has raised the volume on drug prices but while the court said it can't force manufactures to list their prices, Trump is expected to pen an executive order to tie Medicare drug prices to those of other countries.
Following the Fourth of July festivities, President Trump said he would be announcing something...National News
On Monday, June 24, President Trump directed a slew of federal agencies to start working on several transparency issues, including forcing hospitals and payers to reveal privately negotiated rates. Providers will also be expected to provide patients with an estimate of their out-of-pocket costs before a procedure.
Elected in part...National News
In spite of Trump’s pronouncements, not only is the ACA not dead, there are signs that his administration is keeping it alive.
Next year, for the first time, the I.R.S. will reject your tax return when filed electronically if you do not complete the information required about whether you have coverage. If you file your tax return on...National News
Markets and Marketplaces sure to shudder.
Thursday the Trump administration moved a wide-ranging executive order with the stated purpose of expanding lower-cost insurance options, allowing employers to give workers money to buy their own coverage and slowing consolidation in the insurance and hospital industries.
Critics said that,...National News
An executive order is being finalized that would permit health plans offered by associations to allow individuals to pool together and buy insurance outside their states, a unilateral move that follows failed efforts by Congress to overhaul the health care system.
Soon after the latest Senate Repeal and Replace bill failed, Sen. Rand...
An executive order may come next week allowing individuals to purchase insurance across state lines.
Touted for years by Republicans, this move is purported to increase competition that will help drive down prices. Experts are not so sure. Insurers have never been enthusiastic.
On Wednesday Trump said,
“I’ll probably be...