Congress continues to seek ways to reduce costs and increase price transparency for health-care consumers.
Late last week, three House committees – Energy and Commerce, Ways and Means, and Education and Workforce – introduced the Lower Costs, More Transparency Act. The proposed legislation would require hospitals, payers, labs, imaging providers and ambulatory surgical centers to use machine-readable files to list prices they will charge patients. It also mandates that insurers and pharmacy benefit managers disclose drug rebates and discounts.
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