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Sally Pipes: Trump Order Could Cut Your Cost of Health Care and Drugs

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By Sally Pipes

Fox News, June 2, 2019

President Trump is expected to issue an executive order soon that could require insurers and hospitals to disclose the prices they’ve negotiated for various services. He hopes such transparency will increase competition and drive down health spending. The health care industry is less supportive. The nation’s top health insurance lobby, for instance, claims the president’s plan is “bad transparency” that could actually cause prices to go up. Government mandates are problematic. Transparency as a concept is beneficial. When private-sector organizations have been able to pull back the curtain on insurers’ and providers’ prices, they’ve unleashed competitive forces that have yielded significant savings for them—and for the rest of the health care system. Click here to read more.