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Increased Transparency of Ownership in Medicare and Prescription Plans

This bill aims to increase transparency in Medicare Advantage and prescription drug plans. It requires insurance companies and drug plan sponsors to disclose information about ownership ties with healthcare providers and pharmacies. This will give citizens better insight into who actually controls the services they use, potentially impacting the quality and cost of healthcare.
Key points
Medicare Advantage organizations will be required to disclose ownership information related to healthcare providers, including incentive payments.
Prescription drug plan sponsors will be required to disclose ownership information related to pharmacies.
An independent advisory commission (MedPAC) will regularly report to Congress on the impact of these ownership ties on healthcare access, price, quality, and outcomes.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_4883
Sponsor: Rep. Murphy, Gregory F. [R-NC-3]
Process start date: 2023-07-25
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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

Medicare Common Ownership Transparency Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_4883.

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 2023-07-25.

What are the main provisions?

Key points include:

  • Medicare Advantage organizations will be required to disclose ownership information related to healthcare providers, including incentive payments.
  • Prescription drug plan sponsors will be required to disclose ownership information related to pharmacies.
  • An independent advisory commission (MedPAC) will regularly report to Congress on the impact of these ownership ties on healthcare access, price, quality, and outcomes.
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. Murphy, Gregory F. [R-NC-3].

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