Lower Costs, More Transparency Act
- Last Action
- 12/11/2023
Actions
- 2023-12-11Motion to reconsider laid on the table Agreed to without objection.
- 2023-12-11On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 320 - 71, 1 Present (Roll no. 708). (text: CR H6762-6785)
- 2023-12-11Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 320 - 71, 1 Present (Roll no. 708). (text: CR H6762-6785)
- 2023-12-11Considered as unfinished business. (consideration: CR H6801-6802)
- 2023-12-11At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- 2023-12-11DEBATE - The House proceeded with forty minutes of debate on H.R. 5378.
- 2023-12-11Considered under suspension of the rules. (consideration: CR H6762-6789)
- 2023-12-11Mrs. Rodgers (WA) moved to suspend the rules and pass the bill, as amended.
- 2023-09-15Referred to the Subcommittee on Health.
- 2023-09-08Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2023-09-08Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2023-09-08Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2023-09-08Introduced in House
- 2023-09-08Introduced in House
CRS Summary
As of 2023-12-11 (53)
Lower Costs, More Transparency Act
This bill requires health care providers and insurers to disclose certain information about health care costs. It also establishes requirements for certain payment methodologies under Medicare and Medicaid and extends several public health programs.
For example, the bill provides statutory authority for regulations that require hospitals to annually publish their prices and related information, including the discounted cash price and negotiated charges. The bill also specifically extends these requirements to clinical laboratories, imaging service providers, and ambulatory surgical centers that participate in Medicare. Additionally, pharmacy benefit managers (PBMs) must semiannually report to health plan sponsors certain information on spending, rebates, and fees that are associated with covered drugs. Contracts with PBMs for employer-sponsored health plans must also allow health plan fiduciaries to audit certain claims and cost information without undue restrictions.
In addition, the bill requires pass-through pricing models, and prohibits spread-pricing, for payment arrangements with PBMs under Medicaid. It also requires Medicare payments for certain drug administration services at off-campus hospital outpatient departments to be the same as that for other provider settings (i.e., physician offices).
The bill provides funds for the Department of Health and Human Services, the Department of Treasury, and the Department of Labor to implement and enforce the bill's requirements.
Finally, the bill extends several public health programs, including the Teaching Health Center Graduate Medical Education Program (through FY2030) and the National Health Service Corps (through December 31, 2025).
Cosponsors (3)
- FRANK PALLONE (D-NJ)
- Jason Smith (R-MO)
- Virginia Foxx (R-NC)
Subjects
- Administrative law and regulatory procedures
- Advisory bodies
- Civil actions and liability
- Computers and information technology
- Congressional oversight
- Consumer affairs
- Department of Health and Human Services
- Digestive and metabolic diseases
- Government information and archives
- Health care costs and insurance
- Health care coverage and access
- Health facilities and institutions
- Health personnel
- Home and outpatient care
- Hospital care
- Medicaid
- Medicare
- Photography and imaging
- Prescription drugs
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.