Lowering health care costs is on all the candidates’ agendas, including President Trump’s. Just yesterday, he signed an executive order to require hospitals to make pricing more transparent, as a way to try to contain costs for consumers. Health care finance professor J.B. Silvers of Case Western University was able to jump into this confusing situation and analyze it for readers (and me, too), bringing his unique experience and knowledge to bear.

Silvers, a former insurance company executive, explains how the problem of surprise hospital billing goes way beyond the pricing for consumers. It’s often about deals between insurance companies and hospitals – deals they don’t want you to know about.

Also today: a big reason why Italy won its Olympic bid and a new way to detect exoplanets – using chemistry, and the power of Facebook’s Libra cryptocurrency in the developing world.

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Dr. Paul Davis shows President Trump a surprise $17,000 medical bill his daughter received, while Trump spoke to reporters about surprise medical bills at the White House on May 9, 2019. REUTERS/Jonathan Ernst

Health care price transparency: Fool’s gold, or real money in your pocket?

J.B. Silvers, Case Western Reserve University

President Trump has been backing transparency in hospital pricing so that consumers can compare prices. But will that help when the real deals are done in secret?

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