Latest news with #343
Yahoo
29-05-2025
- Business
- Yahoo
PatientRightsAdvocate.org Calls on Nevada Gov. Lombardo to Support Hospital Price Transparency Bill
A.B. 343 would turn Trump executive order into state law CARSON CITY, Nev., May 29, 2025 /PRNewswire/ -- (PRA) is urging Nevada Governor Joe Lombardo to sign A.B. 343, major legislation to deliver hospital price transparency to Nevadans that was passed out of the Nevada Legislature earlier this week. If enacted, the bill would require Nevada hospitals to post all actual prices of available services online, so patients can see upfront prices before care, as well as provide tools for patients to seek recourse when they have been overcharged. It would codify the federal Hospital Price Transparency Rule first enacted in January 2021 under President Donald J. Trump and since expanded in February 2025. "A new era for Nevada patients is on the horizon, and now it's up to Governor Lombardo to make healthcare history for his state," said PRA Founder and Chairman Cynthia Fisher. "This monumental legislation will protect Nevadans from hospital overcharges, surprise bills, and hidden fees with guaranteed access to upfront, actual prices in exact dollars and cents. Complete price transparency will be transformative to lower the costs of care and coverage for families, employers, unions, and Nevada's entire healthcare market." According to a new poll conducted by Echelon Insights, 96% of Americans agree that healthcare consumers should know the upfront price of their care. Meanwhile, according to PRA's Seventh Semi-Annual Hospital Price Transparency Report, only 35% of Nevada hospitals reviewed are fully complying with the federal price transparency rule. Of the 2,000 hospitals reviewed nationwide, just 21% were found to be in full compliance. "We applaud Nevada lawmakers, especially the bill's sponsor, Assembly Speaker Yeager, for responding to not only the urgency but also the popularity of this commonsense issue," added Fisher. "The fight for real prices is a nationwide movement that is growing each day, from the nation's capital to state capitals. Governor Lombardo can help Nevada join states like Ohio and Oklahoma that each enacted similar bills this year codifying President Trump's price transparency rule to put patients first. We strongly encourage Governor Lombardo to seize the opportunity at hand and sign A.B. 343." About PRA (PRA) is a leading national healthcare price transparency organization dedicated to ushering in systemwide transparency through advocacy, testimony, media, legal research, and grassroots campaigns. PRA believes that the availability and visibility of actual, upfront healthcare prices will greatly lower costs for patients and employers through a functional, competitive healthcare marketplace. View original content to download multimedia: SOURCE Patient Rights Advocate Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Zawya
18-03-2025
- Business
- Zawya
Saudi Arabia ups bond issuance to fund fiscal deficit
Saudi Arabia has intensified bond issuance to cover fiscal deficits, maintaining a policy of avoiding withdrawals from overseas assets to fund mega projects under Vision 2030, according to a report by Jadwa Investment. The report noted that public debt in the world's largest oil exporter increased by 166 billion Saudi riyals ($44.3 billion) in 2024, reaching SAR1,216 billion riyals ($324.3 billion) by year-end. Debt is expected to rise by another SAR127 billion ($33.86 billion) in 2025, pushing the total to SAR1,343 billion ($358.13 billion). Saudi Arabia, along with Mexico, led sovereign bond issuance in January and February 2025, according to a study by the Institute of International Finance (IIF). The IIF study highlighted that the Federal Reserve's messaging has reinforced expectations that interest rates will remain elevated for longer, limiting risk appetite for Emerging Market (EM) assets. However, investor demand for EM debt remains strong, with a preference for local currency bonds in countries with stable policy frameworks. (Writing by Nadim Kawach; Editing by Anoop Menon) (