In an effort to curtail America’s runaway health care costs, the Trump administration has introduced a new regulation instructing federal agencies to develop rules that will require hospitals to disclose their prices. The requirement, which was part of the final components mandated by the Affordable Care Act in the transparency provisions, obligates hospitals to disclose not only the list prices that are charged, but also the negotiated discounts provided to health insurers.

Hospitals will be required to publish their billing charge master information on their websites in a friendly computer format. Consumers may see . . .

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