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Researchers project additional provider revenue losses if Congress also allows enhanced tax credits that reduce millions of people’s healthcare premiums to expire at the end of 2025.
The bill would accomplish a 2019 executive order by President Donald Trump requiring full hospital price transparency nationwide, the Republicans’ statement said.
Along with cuts to Medicaid, the bill could slash nearly $500 billion in Medicare funding over the next decade, according to a May 20 report from the nonpartisan Congressional Budget Office. 3.
A state lawmaker has introduced a bill that would require hospitals to publish cost reports on their website, the latest in an ongoing struggle to boost price transparency for patients.