Congress is currently working hard to hammer out a year-end healthcare deal. But the Trump administration can immediately take two price transparency administrative actions to reduce costs and improve affordability: Implement the Advanced Explanation of Benefits (AEOB) rule pursuant to the No Surprises Act and expand its forthcoming Department of Labor pharmacy benefit manager (PBM) transparency rule to all aspects of medical plans.

These actions can empower patients and employers to reduce the cost of care and coverage through competition, choice, and billing and payment accountability.

Congress passed the No Surprises Act at the end of 2020 on bipartisan lines to reduce surprise medical bills. One of the law’s most important provisions requires health insurers to provide

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