on price transparency in healthcare. The executive order aims to lower healthcare costs by showing patients the prices they'll pay when they get healthcare.
"Patients often lack both access to useful price and quality information and the incentives to find low-cost, high-quality care," the The order directs federal agencies to begin developing policies and to start issuing proposals within two to three months. Once the rules are proposed, companies and individuals will have a chance to comment on them before they go into effect.Wall Street analysts said they're skeptical the executive order will have a big impact on the key players in the healthcare system, but predicted that overall insurers will benefit while hospitals may get hurt.
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