Trump’s two-for-one regulation order: Its potential impact on healthcare
President Donald Trump’s new executive order aiming to reduce the number of federal regulations could be good for the healthcare industry, according to health policy experts interviewed by FierceHealthcare.
The order is designed to cut federal regulations by requiring departments and agencies to eliminate two existing regulations for every new rule they introduce.
For the rest of fiscal 2017, the cap requires that the cost of any additional regulations be offset by eliminating existing rules.
“It should simplify compliance and reduce costs associated with data capture and reporting, but more detail is needed before anyone can know for sure,” health policy expert Paul Keckley, PH.D., told FierceHealthcare.
Read more: FierceHealthcare