{"id":896761,"date":"2026-10-27T20:44:12","date_gmt":"2026-10-27T20:44:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/896761\/"},"modified":"2026-10-27T20:44:12","modified_gmt":"2026-10-27T20:44:12","slug":"price-transparency-needed-to-fix-healthcare-costs-economist-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/896761\/","title":{"rendered":"Price transparency needed to fix healthcare costs, economist says"},"content":{"rendered":"\n<p>Heritage Foundation Chief Economist EJ Antoni discusses the USDA&#8217;s $57 million meatpacking investment and JD Vance&#8217;s comments on the market. He also analyze rising family health insurance premiums.<\/p>\n<p>Former President Barack Obama&#8217;s<a href=\"https:\/\/www.foxbusiness.com\/healthcare\" rel=\"nofollow noopener\" target=\"_blank\">\u00a0signature healthcare law<\/a> is facing criticism from an economist who argues that greater price transparency is needed to bring down healthcare costs for Americans.<\/p>\n<p>Heritage Foundation chief economist EJ Antoni joined FOX Business\u2019 Taylor Riggs on &#8220;Big Money in the Morning&#8221; to discuss rising healthcare expenses and what <a href=\"https:\/\/www.foxbusiness.com\/category\/fox-news-republicans\" rel=\"nofollow noopener\" target=\"_blank\">Republicans could do differently<\/a>.<\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/10\/barack-obama-healthcare.png\" alt=\"Former US President Barack Obama\"\/> <\/p>\n<p>Former President Barack Obama&#8217;s healthcare legacy faces renewed scrutiny as Americans grapple with rising insurance costs. (Brendan Smialowski\/AFP via Getty Images)<\/p>\n<p>&#8220;You cannot have competition, and therefore you cannot have that downward<a href=\"https:\/\/www.foxbusiness.com\/category\/inflation\" rel=\"nofollow noopener\" target=\"_blank\">\u00a0pressure on consumer prices<\/a> if you don&#8217;t have price transparency. That&#8217;s the first thing we need to do,&#8221; Antoni said when asked what Republicans should pursue.<\/p>\n<p>Antoni pointed to making healthcare prices easier for patients to see before receiving treatment, arguing that meaningful<a href=\"https:\/\/www.foxbusiness.com\/category\/fox-news-consumer\" rel=\"nofollow noopener\" target=\"_blank\">\u00a0competition requires consumers<\/a> to be able to compare costs.<\/p>\n<p>Price transparency requirements already exist for hospitals and insurers, but Antoni&#8217;s comments underscore the continuing debate over whether those rules give patients enough useful information to shop for care.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/politics\/seniors-medicare-rebate-checks-eligibility\" target=\"_blank\" rel=\"noopener nofollow\">WHY MILLIONS OF SENIORS ARE GETTING CHECKS FROM THE GOVERNMENT<\/a><\/p>\n<p>Ret. Lt. Col. James Carafano shares harsh criticism of former President Barack Obama&#8217;s handling of Iran on &#8216;The Evening Edit.&#8217;<\/p>\n<p>The Affordable Care Act expanded coverage, but disputes over premiums and out-of-pocket expenses remain central to the healthcare debate.<\/p>\n<p>Antoni blamed Obama, arguing that the <a href=\"https:\/\/www.foxbusiness.com\/category\/fox-news-law?page=4\" target=\"_blank\" rel=\"noopener nofollow\">law failed to deliver <\/a>on its promises to patients.<\/p>\n<p>&#8220;He&#8217;s the one who fundamentally broke the healthcare system, who gave us the system we have right now where people are paying more in premiums and getting less in terms of actual care,&#8221; Antoni said.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/politics\/bessent-compares-obama-library-darth-vaders-tomb-after-ex-president-criticized-white-house-renovations\" target=\"_blank\" rel=\"noopener nofollow\">BESSENT COMPARES OBAMA LIBRARY TO &#8216;DARTH VADER&#8217;S TOMB&#8217; AFTER EX-PRESIDENT CRITICIZED WHITE HOUSE RENOVATIONS<\/a><\/p>\n<p>Fox Business&#8217; Connor Hansen reports from Washington, D.C., on a new study from the Paragon Health Institute showing that 9.2 million Obamacare expansion enrollees did not meet federal requirements in 2024.<\/p>\n<p>His criticism comes as <a href=\"https:\/\/www.foxbusiness.com\/category\/bernie-sanders\" target=\"_blank\" rel=\"noopener nofollow\">Sen. Bernie Sanders<\/a>, I-Vt., continues advocating Medicare for All, a proposal to establish a national single-payer health insurance system. The proposal would replace most existing private health insurance coverage.<\/p>\n<p>Antoni argued that older Americans could lose insurance plans they prefer under such a system, though the effects would depend on the legislation ultimately adopted.<\/p>\n<p>&#8220;Seniors, ironically, are the ones who stand to lose the most from this because they&#8217;re going to be forced off of plans that they actually like, typically,&#8221; he said.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener nofollow\">CLICK HERE TO GET FOX BUSINESS ON THE GO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Heritage Foundation Chief Economist EJ Antoni discusses the USDA&#8217;s $57 million meatpacking investment and JD Vance&#8217;s comments on&hellip;\n","protected":false},"author":2,"featured_media":896762,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[97,252,253],"class_list":["post-896761","post","type-post","status-publish","format-standard","has-post-thumbnail","category-health-care","tag-health","tag-health-care","tag-healthcare"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/896761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=896761"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/896761\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/896762"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=896761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=896761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=896761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}