Columbus, OH – Rea S. Hederman Jr., executive director of the Economic Research Center and vice president of policy at The Buckeye Institute, issued the following statement on the executive order signed by President Donald Trump on Monday, which will increase health care price transparency and will allow health savings accounts to cover more medical services.

“Today, President Trump signed an important executive order that will require hospitals and insurers to be more transparent in health care costs, and instructs the U.S. Department of Treasury to allow health savings accounts to cover more medical services. The country’s health care sector suffers from notoriously non-transparent pricing which exacerbates the costs of already expensive services, and this move by the president will increase cost transparency and save money for American families.”

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