EO 14221
Making America Healthy Again by Empowering Patients With Clear, Accurate, and Actionable Healthcare Pricing Information
HealthcareEconomy & Trade
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Summary
This executive order directs federal agencies to accelerate implementation and enforcement of healthcare price transparency regulations, requiring hospitals and health plans to disclose actual prices for services and drugs. The order aims to provide patients with clear, comparable pricing information across providers to increase competition and reduce healthcare costs.
Key Points
- 1Agencies have 90 days to require disclosure of actual prices rather than estimates for healthcare items and services
- 2Departments of Treasury, Labor, and HHS must issue updated guidance to standardize and make pricing information easily comparable across hospitals and health plans
- 3Enforcement policies must be updated to ensure compliance with complete, accurate, and meaningful price transparency data reporting
- 4Builds on previous Executive Order 13877 regulations requiring hospitals to display pricing for up to 300 shoppable services and health plans to post negotiated rates and drug prices
This summary is for informational purposes only. It may not capture all nuances of the executive order. Always refer to the official text for authoritative information.
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