Hill July 28, 2020
The COVID-19 pandemic and its associated economic fallout have exposed America’s broken health care system once again. Countless patients are returning home from the hospital with no knowledge of the devastating medical bills awaiting them. And employers face new, COVID-induced health care costs at the same time their revenues have come under pressure.
To bring long-overdue financial certainty to health care consumers, we introduced the Healthcare PRICE Transparency Act in the Senate. This bill will finally bring real prices to health care by requiring hospitals and health insurers to publish their discounted cash prices and secret negotiated rates. No American should ever again face the anxiety of being blindfolded from prices, only to receive medical bills laden with confusing codes...
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