President Donald Trump signed an executive order Tuesday aimed at “making America healthy again,” requiring increased disclosure from healthcare providers and insurance companies, and enforcing an order made during his first term in office.

The goal of the order is to increase transparency in health care pricing.

“For far too long, prices were hidden from patients and employers, with inadequate recourse available to individuals looking to shop for care or obtain pricing information from a healthcare provider in advance of a visit or procedure,” said President Trump.

The new order reinforces the previous “Improving Price and Quality Transparency in American Healthcare to Put Patients First” from Trump’s first term, which he claims the Biden administration failed to enforce.

“The Biden Administration failed to take sufficient steps to fully enforce my Administration’s requirement that would end the opaque nature of drug prices by ensuring health plans publicly post the true prices they pay for prescription drugs,” said Trump.

The bill instructs the Secretary of the Treasury, the Secretary of Labor, and the Secretary of Health and Human Services to ensure that health providers reveal the actual prices of goods and services rather than just price estimates.

American health consumers have long complained that the U.S. health insurance and health care system is overly complex, difficult to navigate, and regularly leaves patients with inexplicably large bills.

The secretaries will also ensure that pricing information is standardized across hospitals and health plans so that consumers can effectively select the plans and hospitals that best fit their needs and budget. They are instructed to issue guidance on increased enforcement measures to ensure healthcare companies comply with the transparency rules.

The president argued that increased transparency could save Americans billions by allowing them to compare costs at hospitals and insurance companies and choose cheaper options.

“One economic analysis from 2023 estimated the impact of these regulations, if fully implemented, could result in as much as $80 billion in healthcare savings for consumers, employers, and insurers by 2025,” said Trump.

He pointed to radically different prices between hospitals in the same region and cited one Michigan man who saved over $1,000 by comparing the cost of a test at two nearby hospitals.

Once the order takes effect, Americans will no longer be burdened inaccurate health care cost estimates that cite one price, only to charge much more on the actual bill, the administration intends.

Employers too can potentially benefit from the order when choosing health care plans, with the additional information necessary to make the best decision for themselves and their employees.