Hospitals Move to Hike Prices By 15% and Team Biden Does Nothing to Stop It
Many of America’s biggest hospitals are looking to raise prices by as much as 15%, far exceeding already-soaring inflation rates. The Trump administration issued a hospital price-transparency rule in 2019 to help families fight such hikes and find high-value care — yet the Biden team isn’t enforcing this long-overdue policy. Millions of families will soon be stuck with bigger bills when they should be empowered to drive health-care prices down.
That’s the conclusion of a new Foundation for Government Accountability report. We analyzed how more than 6,400 hospitals have complied with the Trump rule, which went into effect January 2021.