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Expose Hospitals Violating Price Transparency Act
12/15/2023, 4:09 PM
Summary of Bill S 3327
Bill 118 s 3327, also known as the Expose Hospitals Violating Price Transparency Act, is a piece of legislation currently being considered by the US Congress. The main purpose of this bill is to increase transparency in the pricing of medical services provided by hospitals.
If passed, this bill would require hospitals to disclose the prices they charge for various medical procedures and services. This information would need to be made readily available to the public, either on the hospital's website or in another easily accessible format. The goal of this requirement is to empower patients to make more informed decisions about their healthcare and to promote competition among hospitals.
Additionally, the Expose Hospitals Violating Price Transparency Act would establish penalties for hospitals that fail to comply with the price transparency requirements. Hospitals found to be in violation could face fines or other consequences as determined by the Department of Health and Human Services. Overall, supporters of this bill argue that increased price transparency in the healthcare industry will lead to lower costs for patients and improved quality of care. Critics, however, may raise concerns about the potential administrative burden on hospitals and the effectiveness of penalties in enforcing compliance. As of now, the future of Bill 118 s 3327 remains uncertain, but it is clear that the issue of price transparency in healthcare is an important one that continues to be debated in Congress.
If passed, this bill would require hospitals to disclose the prices they charge for various medical procedures and services. This information would need to be made readily available to the public, either on the hospital's website or in another easily accessible format. The goal of this requirement is to empower patients to make more informed decisions about their healthcare and to promote competition among hospitals.
Additionally, the Expose Hospitals Violating Price Transparency Act would establish penalties for hospitals that fail to comply with the price transparency requirements. Hospitals found to be in violation could face fines or other consequences as determined by the Department of Health and Human Services. Overall, supporters of this bill argue that increased price transparency in the healthcare industry will lead to lower costs for patients and improved quality of care. Critics, however, may raise concerns about the potential administrative burden on hospitals and the effectiveness of penalties in enforcing compliance. As of now, the future of Bill 118 s 3327 remains uncertain, but it is clear that the issue of price transparency in healthcare is an important one that continues to be debated in Congress.
Congressional Summary of S 3327
Expose Hospitals Violating Price Transparency Act
This bill requires the Centers for Medicare & Medicaid Services (CMS) to publish a list of hospitals that are not in compliance with the hospital price transparency rule, which requires hospitals to provide clear, accessible pricing information online about the items and services they provide. The list must include any hospitals that have received a written communication from the CMS about potential noncompliance.
The bill also requires the Government Accountability Office to report on compliance and enforcement of the price transparency rule, including recommendations for improving price transparency to patients, employers, and the public.
Read the Full Bill
Current Status of Bill S 3327
Bill S 3327 is currently in the status of Bill Introduced since November 15, 2023. Bill S 3327 was introduced during Congress 118 and was introduced to the Senate on November 15, 2023. Bill S 3327's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of November 15, 2023
Bipartisan Support of Bill S 3327
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3327
Primary Policy Focus
HealthAlternate Title(s) of Bill S 3327
Expose Hospitals Violating Price Transparency Act
Expose Hospitals Violating Price Transparency Act
A bill to require the Secretary of Health and Human Services to publish a list of hospitals found to be in noncompliance with the hospital price transparency rule.
Comments
Sponsors and Cosponsors of S 3327
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