Lower Costs, More Transparency Act

Sponsor: Cathy Rodgers (R-WA)

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.

Health Topic assigned by the Congressional Research Service.