The nation’s hospital groups sued the Trump administration on Wednesday over a new federal rule that would require them to disclose the discounted prices they give insurers for all sorts of procedures.
The administration wanted the disclosure rule, which would go into effect in 2021, to allow patients to better shop for deals on a range of services, from M.R.I.s to hip replacements.
It is the 2021 part that fascinates me. There is enough time between now and 2021 for China to build an entire Manhattan worth of office and residential space within each of a few of their larger cities, to open another 2,000 miles of high-speed rail, to add some metro lines in their secondary cities, etc.
If hospitals have all of these prices in their computer systems (funded by tax dollars) and this is a good idea, why wouldn’t the regulation be for them to push them out onto their web sites within a few months?