U.S. appeals court upholds Trump health care price disclosure rule - (Financial Post via NewsPoints Desk)

  • A federal appeals court on Tuesday upheld a White House-backed rule to require hospitals to disclose the prices they negotiate with insurers for a range of common tests and procedures, as reported Financial Post.

  • The 2-0 decision by the US Court of Appeals for the District of Columbia Circuit is a victory for US President Donald Trump's effort to make healthcare pricing more transparent so patients can be better informed when deciding on treatment.

  • Hospital groups, including the American Hospital Association, had challenged the rule, which was issued in November 2019 and is scheduled to take effect on January 1, 2021.

  • Circuit Judge David Tatel cited Health and Human Services Secretary Alex Azar's findings that greater disclosures would benefit the "vast majority" of consumers and likely result in lower prices.

  • Azar praised the decision, noting that "starting January 1, Americans will have access to the actual prices paid for the most common hospital services."

To read more NewsPoints articles, click here.