Being one of the top ten richest men in America, former New York Mayor Michael Bloomberg has inundated television with campaign ads, most of which are aimed at President Donald Trump. Among these Trump-bashing campaign ads, are ones that accuse Trump of the current healthcare mess. Bloomberg accuses Trump of not caring about the American people and their healthcare needs. Some of Bloomberg’s ads feature a clip of when President Trump stated that Republicans should do nothing and just allow Obamacare to collapse on itself.

The ads intentionally portray Trump as a heartless and stumbling buffoon who is completely inept and willing to allow millions of Americans to suffer with worse healthcare than they’ve received over the past decade. He even has an ad running that features Barack Obama and speaks about the Affordable Care Act as if it was the cure-all for everyone’s healthcare issues.

What you won’t hear Bloomberg or any other Democrat admit is that Trump has a plan that appears to prove them wrong and offer hope to the American people as reported by Fox Business News:

At his State of the Union address Tuesday night, President Trump highlighted how his administration’s recent health care price transparency rules will reduce medical costs that are plaguing ordinary Americans. Health care costs have doubled, adjusted for inflation, since the beginning of the century to make up 18 percent of GDP.

The rules, issued last November, require providers to publish their cash and insurance-negotiated prices for a set of shoppable services before patients get treatment.

This price transparency will allow patients to easily shop for lower cost care and ensure that patients – as Trump stated Tuesday night – will “never be blindsided by medical bills.”

Employers, which provide health coverage for 181 million Americans, can shop for health care coverage like they do for every other business expense. As President Trump said, “It will save families massive amounts of money for substantially better care.”

Access to cash prices would lower the cost of health care. Our research, recently published in Health Management Policy and Innovation, finds that cash prices for health treatments are 39 percent less expensive on average than prices paid by insurers. For instance, the average price that insurance pays for a prostatectomy in Washington, D.C. is $33,285, with a range from $18,151 to $60,853. Yet a pure cash price exists for $13,968.

Considerable anecdotal evidence, including a 2016 Wall Street Journal feature asking patients to submit their medical bills, further supports this cash advantage. A knee X-ray for a patient at Boulder Community Hospital in Colorado was $600 with insurance and just $70 with cash. An ultrasound examination for another patient carried a $260 insurance copay versus $186 in cash.

While Trump has actually introduced something that is certain to help lower prices of many medial treatments, don’t forget that under Obama’s Affordable Care Act, the cost of healthcare insurance skyrocketed. In some instances, the cost of healthcare coverage increased by over 50% in one year in some states. The costs of healthcare were soaring so high that Obamacare’s Co-Op program totally collapsed and many of the major health insurance providers were forced to drop many of their policies because they were losing too much money.

Under Trump’s plan, everyone will have to disclose the reason for their costs, a program that is sure to help lower costs, much to the dismay of Washington’s Democrats.