Wow!
What a great act by President Trump!
This has been the law in the Philippines for several years. You get a lab order and you ask what the cost is. If you don’t like the cost you can go outside of the hospital to private labs and save 50% or more there. A blood test, CBC, at the hospital is 500-1,000 Pesos, ($10-20), but 100-200 Pesos, ($2-4), at the private labs.
This was part of his American First Healthcare initiative.