Transparent PRICE Act
Latest action. Referred to the House Committee on Energy and Commerce.
Transparent Prices Required to Inform Consumer and Employers Act or the Transparent PRICE Act
This bill revises the hospital price transparency requirements and the health plan price transparency requirements.
Specifically, the bill provides statutory authority for the requirement that hospitals publish specified pricing information for each item or service the hospital provides. It also requires the Centers for Medicare & Medicaid Services (CMS) to implement a standard method and format for hospitals to disclose such pricing information. The method and format may be similar to any template already established by the CMS. The bill requires the CMS to regularly monitor the accuracy of such pricing information and establishes civil penalties for violations of the requirements.
The CMS also must establish and maintain on its website a list of each hospital that is not in compliance with the requirements (including whether it has been issued a warning or civil penalty) and a list of each hospital that is in compliance.
Additionally, the bill requires health insurance plans to report every three months certain rate and payment information for in-network services, out-of-network services, and prescription drugs available under the plan.
The bill requires the Government Accountability Office to report on the compliance with, and enforcement of, the requirements of this bill.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in House" stage on April 18, 2023. It describes the bill, it is not the legal text.
Where is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on April 18, 2023: Referred to the House Committee on Energy and Commerce.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the House
- Passage by the Senate
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 118th Congress (2023-24), 274 of the 16,565 bills and joint resolutions introduced became law, about 1.7 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
Cathy Rodgers (R-WA) introduced it on April 18, 2023, and 1 member has since signed on as a cosponsor.
They are 1 Democrat.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on April 18, 2023, 1241 days ago. The most recent recorded action was 1241 days ago, on April 18, 2023.
Measures do not carry over. Anything the 118th Congress has not finished by January 3, 2025 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- HouseIn committee, no floor vote yet
- SenateAwaits House passage
- PresidentAwaits both chambers