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Story summary
- The U.S. President Donald Trump administration announced amendments to hospital and insurer price-transparency rules.
- HHS Secretary Robert F. Kennedy Jr. said the new pricing files will be about 70 percent smaller.
- Out-of-network reporting threshold drops from 20 to 11 claims and reporting frequency changes from monthly to quarterly.
- Centers for Medicare & Medicaid Services (CMS) projects $175 million annual net savings after the first year despite $400 million one-time costs.