President Trump signs executive order tackling health care cost transparency

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President Trump signs executive order tackling health care cost transparency
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Pres. Trump signs executive order aimed at providing patients with clear costs for health care procedures: 'Together we're taking power away from bureaucrats, we're taking it away from insurance companies and away from special interests.'

President Donald Trump signed an executive order on Monday aimed at curbing health care costs by requiring health insurers and providers to reveal pricing for care to patients."This is bigger than anything we've done in this particular realm," Trump said at a signing ceremony at the White House."It's pretty much going to blow everything away."

On a call with reporters, HHS Secretary Alex Azar touted the executive order as"one of the most significant steps in the long history of American health care reform." Advocates for the executive order say that it will help patients understand potential costs for procedures so that they can make better decisions about their heath care, but critics say that that it will only create more red tape and may even end up driving up heath care costs as competition prices are revealed.

With health care a top issue for 2020 candidates, the president has said he plans to roll out a brand new health care plan and his administration has issued incremental federal fixes.

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