Trump is claiming credit for making medical prices transparent.
He didn't do shit. This was already in place!
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On December 11,2023 - the US House of Representatives overwhelmingly passed the Lower Costs, More Transparency Act (H.R. 5378) by a vote of 320–71. If enacted, effective January 1, 2026, the bill will require ASCs to disclose to the public all standard charges and prices, including information relevant to ASCs on the list of 300 shoppable services or an indication that such service is not furnished by the ASC. This price transparency provision is similar to the price transparency legislation H.R. 4822 that ASCA reported on over the summer.
And
BEFORE THAT
Hospital price transparency helps Americans know the cost of a hospital item or service before receiving it. Starting January 1, 2021, each hospital operating in the United States will be required to provide clear, accessible pricing information online about the items and services they provide in two ways:
As a comprehensive machine-readable file with all items and services.
In a display of shoppable services in a consumer-friendly format.
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