Transparent PRICE Act

Hozzl · 2024-02-05T14:30:09Z

Explore the details of House Bill 3281 Transparent PRICE Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Health. Stay informed on legislative developments.

2/5/2024, 2:30 PM

Summary of Bill HR 3281

The Transparent PRICE Act, also known as Bill 118 hr 3281, is a piece of legislation introduced in the US Congress. The main goal of this bill is to increase transparency in healthcare pricing for consumers.

The bill requires hospitals to disclose the prices they charge for their services, including the negotiated rates with insurance companies. This information would be made available to the public in a user-friendly format, allowing patients to compare prices and make more informed decisions about their healthcare.

Additionally, the Transparent PRICE Act aims to prevent surprise medical bills by requiring healthcare providers to give patients an estimate of the cost of their services before they are provided. This would help patients avoid unexpected expenses and better plan for their healthcare needs. Overall, the Transparent PRICE Act seeks to empower consumers by providing them with more information about healthcare costs and helping them make more informed decisions about their medical care.

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Current Status of Bill HR 3281

Bill HR 3281 is currently in the status of Bill Introduced since May 15, 2023. Bill HR 3281 was introduced during Congress 118 and was introduced to the House on May 15, 2023. Bill HR 3281's most recent activity was Forwarded by Subcommittee to Full Committee in the Nature of a Substitute (Amended) by the Yeas and Nays: 27 - 0 . as of May 17, 2023