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Politiparty

118th Congress Health

S. 1130: Health Care PRICE Transparency Act

Introduced

  1. Introduced (completed)Mar 30, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Mar 30, 2023

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.

Read the full summary

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

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Amendments

0 offered

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Cosponsors

1

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Other bills by Mike Braun

History

  1. Mar 30, 2023Introduced in the Senate by Mike Braun.
Show the full action history (2 actions)
  1. Mar 30, 2023Introduced in Senate
  2. Mar 30, 2023Read twice and referred to the Committee on Health, Education, Labor, and Pensions.