The Trump administration has proposed updates to health care price transparency rules, aiming to provide clearer and more actionable pricing information for Americans. The Centers for Medicare & Medicaid Services (CMS), along with the Department of Labor and the Department of the Treasury, announced these changes to enhance the 2020 Transparency in Coverage rules.
Health and Human Services Secretary Robert F. Kennedy, Jr. said, "Americans have a right to know what health care costs before they pay for it." He emphasized that the proposal aims to turn hidden pricing into clear information, allowing families to make informed decisions.
CMS Administrator Dr. Mehmet Oz noted that the overhaul would simplify data organization and eliminate unnecessary information, making consumer-facing cost tools more accessible. "Every person deserves to know what their health care will cost without needing a team of analysts to decode it," he said.
The proposals include reducing file complexity, reorganizing rate files by provider network instead of by plan, and requiring change-log files for easier tracking of updates. Additionally, reporting cadence for certain files would be reduced from monthly to quarterly.
U.S. Labor Secretary Lori Chavez-DeRemer highlighted that these efforts are part of President Trump's initiative to fix the health care system by making prices more transparent for working families. She said this would drive competition and help lower costs.
The proposed rule also strengthens requirements for price comparison tools in line with consumer protections under the No Surprises Act. This includes ensuring detailed cost-sharing information is available online, in print, or by phone upon request.
Stakeholders are invited to comment on the proposed rule until February 21, 2026. For further details on the proposal and fact sheet, visit https://www.federalregister.gov/public-inspection/2025-23693/transparency-in-coverage and cms.gov/newsroom/fact-sheets/transparency-coverage-proposed-rule-cms-9882-p.
