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Transparent PRICE Act

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

Bipartisan Support of Bill HR 3281

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
4
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3281

Primary Policy Focus

Health

Potential Impact Areas

- Civil actions and liability
- Computers and information technology
- Congressional oversight
- Freedom of information
- Government information and archives
- Government studies and investigations
- Health care costs and insurance
- Health information and medical records
- Hospital care
- Medicaid
- Medicare

Alternate Title(s) of Bill HR 3281

Transparent PRICE Act
Transparent PRICE Act
Transparent Prices Required to Inform Consumer and Employers Act
To promote hospital and insurer price transparency.

Comments

Sponsors and Cosponsors of HR 3281

Cathy McMorris Rodgers
Cathy McMorris Rodgers
WashingtonRepublican
Frank Pallone, Jr.
Frank Pallone, Jr.
New JerseyDemocrat
Donald G. Davis
Donald G. Davis
North CarolinaDemocrat

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