A Times Square billboard, sponsored by the nonprofit PatientsRightsAdvocate.org, praised President Donald Trump for fulfilling a major healthcare promise by making healthcare prices transparent within his first 100 days in office. Trump's executive order, signed in February, directed the departments of the Treasury, Labor, and Health and Human Services to enforce transparency regulations, claiming previous delays were due to the Biden administration. This initiative aims to provide patients access to actual healthcare costs instead of estimates, encouraging competitive pricing and consumer choice. Supporters argue that this transparency will protect patients from overcharges and fraud, potentially saving consumers, employers, and insurers up to $80 billion by 2025. The executive order has sparked similar legislative efforts across states, such as Ohio, to mandate clear pricing disclosure in healthcare services.

The billboard in Times Square, running from April 28 to May 4, commends Trump's executive order for healthcare price transparency, highlighting it as a significant achievement in his first 100 days of office.

Trump's directive to key government departments aims to implement and enforce price transparency in healthcare, a move he claims was previously stalled by the Biden administration.

The initiative seeks to transform the healthcare system by allowing patients to access actual prices, fostering a market environment where competition and choice can help reduce costs.

Proponents like Cynthia Fisher, founder of PatientsRightsAdvocate.org, emphasize the historic nature of the initiative, arguing it empowers consumers to make informed decisions and protects them from financial pitfalls.

Anecdotal evidence, such as patients saving significant amounts on medical procedures through price comparison, illustrates the potential impact of the executive order on individual healthcare costs.

The White House cites an economic analysis predicting that full implementation of the transparency rules could lead to $80 billion in savings for various stakeholders by 2025.

Following Trump's executive order, states like Ohio have enacted laws requiring hospitals to post exact service prices, further advancing the cause of cost transparency in healthcare.