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Health Care PRICE Transparency Act

USA117th CongressS-1524| Senate 
| Updated: 4/29/2021
Mike Braun

Mike Braun

Republican Senator

Indiana

Cosponsors (4)
Joni Ernst (Republican)Thomas Tillis (Republican)John Barrasso (Republican)Chuck Grassley (Republican)

Health, Education, Labor, and Pensions Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline

Bill from Previous Congress

S 116-4106
Health Care PRICE Transparency Act
Apr 29, 2021
Introduced in Senate
Apr 29, 2021
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
May 10, 2021

Latest Companion Bill Action

HR 117-3029
Referred to the Subcommittee on Health.
  • Bill from Previous Congress

    S 116-4106
    Health Care PRICE Transparency Act


  • April 29, 2021
    Introduced in Senate


  • April 29, 2021
    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.


  • May 10, 2021

    Latest Companion Bill Action

    HR 117-3029
    Referred to the Subcommittee on Health.

Health

Related Bills

  • HR 117-3029: Health Care PRICE Transparency Act
Civil actions and liabilityConsumer affairsHealth care costs and insuranceHealth care coverage and accessHospital carePrescription drugs

Health Care PRICE Transparency Act

USA117th CongressS-1524| Senate 
| Updated: 4/29/2021
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 116-4106
Health Care PRICE Transparency Act
Apr 29, 2021
Introduced in Senate
Apr 29, 2021
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
May 10, 2021

Latest Companion Bill Action

HR 117-3029
Referred to the Subcommittee on Health.
  • Bill from Previous Congress

    S 116-4106
    Health Care PRICE Transparency Act


  • April 29, 2021
    Introduced in Senate


  • April 29, 2021
    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.


  • May 10, 2021

    Latest Companion Bill Action

    HR 117-3029
    Referred to the Subcommittee on Health.
Mike Braun

Mike Braun

Republican Senator

Indiana

Cosponsors (4)
Joni Ernst (Republican)Thomas Tillis (Republican)John Barrasso (Republican)Chuck Grassley (Republican)

Health, Education, Labor, and Pensions Committee

Health

Related Bills

  • HR 117-3029: Health Care PRICE Transparency Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Civil actions and liabilityConsumer affairsHealth care costs and insuranceHealth care coverage and accessHospital carePrescription drugs