A Senate panel on July 22 advanced a bill that would expand current hospital price transparency rules aimed at empowering patients to comparison shop for services and increase price competition in the healthcare industry.
The Patients Deserve Pricetags Act, sponsored by Sens. Roger Marshall (R-Kan.) and John Hickenlooper (D-Colo.) and 22 others, was recommended for adoption in a nearly unanimous vote by the Senate Committee on Health, Education, Labor, and Pensions.
The proposal comes during an election year when nearly all Americans (94 percent) believe Congress and the president must act to reduce the cost of healthcare, according to recent polling.
“Patients deserve price tags, not surprise billing,” Marshall said at the July 22 committee meeting. “Once and for all, we’ll force transparency and competition into healthcare.”…
Senate Panel Advances Bill to Make Hospitals Compete on Price
