On Feb. 25, President Donald Trump issued an executive order aimed at improving healthcare price transparency: Making America Healthy Again by Empowering Patients with Clear, Accurate, and Actionable Healthcare Pricing Information.
This directive pushes federal agencies to enforce stricter disclosure requirements. The order builds upon previous transparency rules by requiring:
the disclosure of actual prices for medical services — not just estimates;
updated regulations ensuring standardized, easily comparable pricing data; and
stronger enforcement measures to hold health plans and insurers accountable.
These changes could significantly impact how health plans operate, requiring greater transparency from insurers and providers alike. Employers and benefits managers must stay informed to navigate these evolving regulations.