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Healthcare Price Transparency: Hospitals and Insurers to Disclose Costs

This act aims to increase transparency in healthcare prices. Hospitals and insurers will be required to provide detailed information about treatment costs, allowing citizens to better plan expenses and compare offers. This will make it easier to understand how much you will pay for healthcare.
Key points
Hospitals must publicly disclose full price lists for services, including gross charges, negotiated rates with insurers, and cash prices.
Price information will be available in an easy-to-understand format, free of charge, and without requiring personal information, often through online tools.
Insurers will be required to provide online tools that allow individuals to check estimated treatment costs, including out-of-pocket expenses, for services from various providers.
The act introduces financial penalties for hospitals that fail to comply with the new price transparency rules.
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Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_267
Sponsor: Rep. Davidson, Warren [R-OH-8]
Process start date: 2025-01-09