
President Trump signed an executive order directing federal agencies to increase healthcare price and quality transparency. The order specifically directs the Departments of Labor, Treasury and Health and Human Services to issue guidance and propose regulations that would disclose negotiated rates, cost-of-care and de-identified federal healthcare data, and to expand the availability of Health Savings Accounts. The order does not immediately trigger any new federal policies, except for the specific instructions to the federal agencies to develop regulatory guidance. The order includes five main provisions instructing federal agencies to issue guidance that would: Require hospitals to disclose information about their negotiated rates in a format that's understandable and usable by patients. Require insurance companies to provide patients with information about cost of care, including out-of-pocket costs, before they receive services. Develop a comprehensive roadmap for consistent, limited, consumer-centric quality metrics. Disclose de-identified federal healthcare data that protects patient and…