H.R. 5378: Lower Costs, More Transparency Act
The act aims to improve healthcare affordability through enhanced price transparency and changes to Medicare payment structures. It mandates that healthcare providers, insurers, and pharmacy benefit managers publicly disclose pricing information, including rates, rebates, and out-of-pocket costs, to allow patients to compare prices. The bill also proposes equal reimbursement rates across healthcare settings and increased funding for community health centers and other safety net programs. Learn more…