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Increased Transparency in Healthcare Prices and Insurance Costs

New rules aim to make it easier for citizens to compare healthcare service prices and health insurance costs. Hospitals and insurers will be required to disclose detailed pricing information, allowing for better healthcare expense planning and avoiding unexpected charges.
Key points
Hospitals must publicly disclose full price lists for services, including gross charges, negotiated rates with insurers, minimum and maximum prices, and cash payment prices.
Insurers will be required to provide information on rates for in-network and out-of-network providers, as well as prescription drug prices.
Online tools will be available to estimate treatment costs, showing how much a patient will have to pay for a given service.
Hospitals failing to comply with the regulations may face fines of up to $300 per day.
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Expired
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Additional Information
Print number: 118_HR_410
Sponsor: Rep. Davidson, Warren [R-OH-8]
Process start date: 2023-01-20
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Health Care PRICE Transparency Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_410.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-01-20.

What are the main provisions?

Key points include:

  • Hospitals must publicly disclose full price lists for services, including gross charges, negotiated rates with insurers, minimum and maximum prices, and cash payment prices.
  • Insurers will be required to provide information on rates for in-network and out-of-network providers, as well as prescription drug prices.
  • Online tools will be available to estimate treatment costs, showing how much a patient will have to pay for a given service.
  • Hospitals failing to comply with the regulations may face fines of up to $300 per day.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Davidson, Warren [R-OH-8].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Health.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Health