🚨 🇺🇸 TRUMP SIGNS EXECUTIVE ORDER TO FORCE HOSPITALS TO SHOW REAL PRICES

President Trump signed an order Tuesday requiring healthcare providers to display actual prices instead of vague "estimates."

The directive tasks Treasury, Labor, and HHS with strict enforcement to ensure compliance.

RFK Jr. joined Trump in the Oval Office during the signing.

The move aims to make healthcare costs comparable across hospitals and insurers.

Source: White House, ABC @RobertKennedyJr

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Discussion

I am very familiar with the Healthcare system but as an advocate and BI guy. There are codes out there called DRG codes that do exactly this, have been in place for decades:

Grok:

"DRG Codes:

or Diagnosis-Related Group codes, are a system used in healthcare to classify hospital cases into groups based on similar diagnoses, treatments, and resource use. They’re primarily used for billing and reimbursement purposes, especially in the U.S. under Medicare. Each DRG code represents a category of patient conditions—like, say, pneumonia or hip replacement—and helps determine how much a hospital gets paid based on the expected cost of care. The idea is to standardize payments and encourage efficiency."

Not sure how standard.

When my dad hand cancer and no insurance he would go to 3-4 hospitals to get quotes for a given procedure and the price (back then) might range from $8,000-$40,000 for the exact same procedure at different locations.

I had an in law who was actually a prominent med school dean, I kid you not, this guy went to the Philippines for foot surgery as a medical tourist, too save money for a procedure that was needed made his life better but was insurance rejected.

I have one other data point related to me I’m not willing to share. But all I say is shop around and get multiple opinions and options.

grok is living in la-la land…

Just my two data points. DYOR.

I understand, reputable hospitals don't do that but the bad ones like you say charge $30 a band-aid.

What I don't get is, people spend most of their lives trying to find a trusty mechanic when their cars break down but when it is their body, they go to the closest strip mall or hospital.

I am SUPER happy to pay, completely out of pocket $1500 a month but I do drive a 2007 Truck with 230,000 miles on it and rusty and the other car has dents.

Also, I paid 6 figures when my wife was sick, a ton of bills, but she's alive, best care.

You have to prioritize but to your point, be smart.