Price Transparency—Promise and Peril

mid the turmoil of its waning days, 2 Trump administration regulations advancing the goal of price transparency in health care moved forward. On October 26, 2020, the US Department of Labor and the US Department of Health and Human Services finalized a rule mandating insurer price transparency. On December 29, 2020, the District of Columbia Court of Appeals upheld the administration's hospital price transparency rule. The rules both stem from provisions of the Affordable Care Act (ACA) and operate quite similarly. Both require the disclosure of consumer-relevant information in a form intended to make shopping easier and provide information about negotiated rates between clinicians and insurers in a machine-readable file (intended to power apps and research efforts).