June 24,2019
Grassley: Trump’s Executive Order on Health Care Transparency Will Benefit Every American
WASHINGTON
– Senate Finance Committee Chairman Chuck Grassley (R-Iowa) issued the
following statement in support of President Donald Trump’s executive order
aimed at improving transparency in the health care marketplace. The president
signed the executive order today during a White House signing ceremony attended
by Grassley, Iowa
businessman Andy Butler and Iowa state Sen. Mariannette Miller-Meeks.
“When
consumers have access to information and can easily compare products, they end
up saving money and are happier with their purchase. That certainly holds true
for health care. There’s too much secrecy in the industry, from why
prescription drugs cost what they do to how much an extended stay in the
hospital will end up costing after being discharged. Increasing transparency
holds hospitals, health care providers,
insurance companies and pharmaceutical companies accountable for what they
charge patients. When big companies hide behind complicated bureaucracies,
prices are higher, there are more surprise bills and there is reduced access to
health care.
“President
Trump’s executive order will take this problem head on. It’s the right thing to
do for every patient in America. I’ll also continue working with the Trump
administration and my colleagues in Congress to build on this progress and pass
reforms that will improve access and lower the cost of health care for
everyone.”
Details on the executive order from the White House can be found
HERE.
A photo of Grassley at the White House signing ceremony can be
found HERE.
Grassley has been a leading champion in Congress for increased
transparency in health care. Recently, Grassley and Sen. Dick Durbin (D-Ill.) introduced
legislation to codify a new federal government
rule requiring TV ads to disclose the list price of prescription drugs.
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