Question

Recently the Government of USA has a released a new regulation to try and make pricing...

Recently the Government of USA has a released a new regulation to try and make pricing at hospitals more transparent, do you think that will have an impact on the medial industry?

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Answer #1

Answer - Yes the increased transparency of the working of the hospitals will provide the benefits . When the hospital will work transparently as per the rules laid down by Trump administration , the customers will be benefited by lower medical costs , and better qualities of health care because each and every event will be monitored by the government. Hence the hospitals will not be able to work as per their own regulations , charge price of their own and compromise in quality of health care. Hence , surely the reforms will be seen and consumers will be benefitted.

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