On June 24, 2019, President Trump signed an executive order requiring hospitals and health plans to release
Question:
On June 24, 2019, President Trump signed an executive order requiring hospitals and health plans to release prices. On November 15, 2019, the US Department of Health and Human Services (HHS) released two regulations for review and comment related to the earlier executive order with an anticipated effective date of compliance of January 1, 2020, which was later changed to January 1, 2021. The American Hospital Association (AHA), representing the hospital industry, appealed the HHS final ruling and implementation date. On December 29, 2020, a federal appeals court ruled against the AHA legal challenge. Why was the Trump administration for the executive order, and why is the hospital industry against it?
Managerial Economics
ISBN: 978-1118808948
8th edition
Authors: William F. Samuelson, Stephen G. Marks