President Trump signs executive order to reinforce healthcare price transparency

The president signed a four-page executive order on Tuesday, February 25th, 2025, directing the Departments of the Treasury, Labor, and Health and Human Services to swiftly advance the previous Trump administration’s healthcare transparency regulations.

From the fact sheet:

→ The departments will ensure hospitals and insurers disclose actual prices, not estimates, and take action to make prices comparable across hospitals and insurers, including prescription drug prices.

→ The departments will update their enforcement policies to ensure hospitals and insurers are in compliance with requirements to make prices transparent.

“Our goal was to give patients the knowledge they need about the real price of healthcare services. They’ll be able to check them, compare them, go to different locations, so they can shop for the highest-quality care at the lowest cost. And this is about high-quality care. You’re also looking at that. You’re looking at comparisons between talents, which is very important. And then, you’re also looking at cost. And, in some cases, you get the best doctor for the lowest cost. That’s a good thing.” – President Donald J. Trump

careviso’s seeQer: Advancing Healthcare Price Transparency with Real-Time Technology

With the executive order reinforcing healthcare price transparency regulations, careviso’s seeQer platform is uniquely positioned to help patients and providers access real-time, accurate, and actionable pricing data for medical services and prescription drugs.

How seeQer Supports Healthcare Price Transparency

• Real Prices, Not Estimates – seeQer provides actual costs for treatments, medications, and testing, ensuring patients and providers make informed decisions.

• Seamless Compliance for Healthcare – Our platform aligns with evolving regulations, helping healthcare providers effortlessly meet transparency requirements

• Real-Time Benefits Verification (RTBV) – seeQer delivers instant coverage insights, eliminating the guesswork around out-of-pocket costs. The platform delivers over 40 pieces of information relating to the patient benefits and healthcare services requested, including cost, coverage, and network status

• Advanced Explanation of Benefits (AEOB) – Our technology ensures that patients understand the true financial impact of their care before services are rendered.

“At careviso, we believe price transparency is the foundation for improving patient access to quality healthcare. seeQer gives providers and patients the real-time information they need to make informed, cost-effective decisions. By simplifying the financial side of healthcare, we’re making it more accessible for everyone, giving patients the transparency they deserve about their healthcare.” – Andrew Mignatti, CEO of careviso