HR 267 ยท Health Care PRICE Transparency Act
Referred to the House Committee on Energy and Commerce.
- Introduced
- Jan 9, 2025
- Latest action
- Jan 9, 2025
- Sponsor
- Rep. Warren Davidson [R-OH-8]
- Policy area
- Health
- Cosponsors
- 0
Summary
Health Care Prices Revealed and Information to Consumers Explained Transparency Act or the Health Care PRICE Transparency Act This bill provides statutory authority for requirements for hospitals and health insurance plans to disclose certain information about the costs for items and services. Specifically, hospitals must publish in their list of standard charges certain rates negotiated with insurers, discounts for cash payments, and billing codes. Further, hospitals generally must publish the standard charges for the services provided by the hospital that may be scheduled in advance. Additionally, insurance plans must publish the in-network and out-of-network charges for covered items and services and the negotiated prices for covered prescription drugs. Plans must provide a tool for consumers to search for this cost information. Consumers also may request additional information about the costs of specific items or services under their plans.
Recent actions
- Jan 9, 2025 Referred to the House Committee on Energy and Commerce.
- Jan 9, 2025 Introduced in House
- Jan 9, 2025 Introduced in House
Votes
No recorded votes are available for this bill.