Risk On Prior to 2020’s black swan (low probability/high impact) event of the COVID-19 outbreak and subsequent shutdown of the economy, your clients had the luxury of being in a position to care less about volatility and risk exposure and only about the end result....
President Trump’s executive order on price disclosure should be a huge win for transparency in health care. The Everlong Group Medical Captive already helps employers and their employees get greater transparency into their health care costs.
Contact us to learn more.
Trump Order Would Inform Consumers About Health-Care Prices
Wall Street Journal
President Trump will issue an executive order to compel price disclosure in health care, an initiative that could upend industry practices and give consumers more information on their out-of-pocket costs.
The order, to be signed on Monday, will direct federal agencies to pursue administrative actions that would require hospitals to publicize their negotiated rates with insurers. Hospitals and insurers typically closely guard the discounted rates in payment contracts and they are generally bound by confidentiality agreements.
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