Wisconsin Hospital Association:
“What’s most notable to us about President Trump’s executive order is that he is one of the only people acknowledging that insurance companies, which include health insurers, third party administrators, and self-funded employers in Wisconsin, are also subject to the federal price transparency law, but you’d barely know it. The mega health insurance companies, the impact they have on health care cost and their obligations under the federal health care price transparency law has been and continues to be glaringly ignored by some here in Wisconsin. Hopefully, that’s now changing, at least in Washington, D.C.
“Here’s what’s also noteworthy about the executive order – it’s clear that the creation of, changes to, and enforcement of the health care price transparency law rests with the federal government rather than a hodgepodge of state transparency laws that are doomed to always be misaligned with, while heaped on top of, the federal transparency laws.
“In 2024, Turquoise Health ranked Wisconsin hospitals as the best in the nation for complying with federal price transparency laws—a testament to the hard work and commitment of our hospitals. The WHA has been a key partner, working closely with hospitals to ensure they stay ahead of ever-changing federal transparency requirements. We remain dedicated to supporting hospitals in maintaining this leadership. At the same time, we call on federal regulators to enforce transparency laws fairly. It’s time to hold mega health insurers and middlemen accountable, entities that extract billions from the healthcare system while avoiding the increased scrutiny they deserve.”
