Seema Verma, the CMS administrator CMS Administrator Seema Verma said in a statement that, today, "health care prices are about as clear as mud to patients."(Photo: Centers for Medicare and Medicaid Services)

The administration of President Donald Trump has taken two major steps toward requiring hospitals and health coverage providers to give patients detailed information about what care will really cost.

The Centers for Medicare and Medicaid Services (CMS) — the arm of the U.S. Department of Health and Human Services that oversees Medicare, Medicaid and the Affordable Care Act public exchange system — has posted a preview version of a final cost transparency rule for hospitals on the CMS website.

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Allison Bell

Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.