![]() The objective is to give patients the power to shop around for medical services and avoid surprise bills. Hospitals that fail to comply risk a fine of $300 to $5,500 per day.īefore the price transparency rule took effect, the insurers’ trade association pushed back, arguing that it is unconstitutional and would “ undermine competitive negotiations and push health care prices higher-not lower-for patients, consumers, and taxpayers.” Four hospital associations filed a joint lawsuit against the Trump administration to prevent the rule from taking effect, and lost.īut according to a February review by the nonprofit Patient Rights Advocate, hospitals have largely ignored the rule, and fines for noncompliance are extremely rare. The law in question is an executive order that took effect in 2021, at the end of the Trump administration, and has since required hospitals to make public the prices of health services, which they privately negotiate with insurers.
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