Bill 118 s 4804, also known as the "For-Profit Health Care Accountability Act," aims to make changes to the Public Health Service Act in order to hold for-profit corporations that own health care systems accountable for meeting certain requirements. The bill specifically targets for-profit corporations, which are businesses that operate with the primary goal of making a profit.
Under this proposed legislation, the Secretary of Health and Human Services would be responsible for enforcing these requirements on for-profit health care corporations. The bill does not specify what these requirements are, but it is likely that they would focus on ensuring that these corporations prioritize the health and well-being of their patients over their financial interests.
The purpose of this bill is to address concerns about the quality of care provided by for-profit health care systems and to ensure that patients are not being put at risk due to profit-driven decisions. By holding these corporations accountable, the hope is that the overall quality of health care in the United States will improve.
It is important to note that this bill is still in the early stages of the legislative process and may undergo changes before it is potentially passed into law. Supporters of the bill argue that it is necessary to protect patients and ensure that their health care needs are being met, while opponents may argue that it could place undue burdens on for-profit corporations.