Rep. Good Introduces Transparency in Coverage Act

WASHINGTON, Aug. 13 -- Rep. Bob Good, R-Va., introduced the "Transparency in Coverage Act" on July 10, 2023. The text of the bill was released on Aug. 12.

H.R. 4507. A bill to amend the Employee Retirement Income Security Act of 1974 to promote transparency in health coverage and reform pharmacy benefit management services with respect to group health plans, and for other purposes; to the Committee on Education and the Workforce, and in addition to the Committees on Energy and Commerce, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

The bill is cosponsored by Rep. Mark DeSaulnier, D-Calif.

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SECTION 1. Short title.

This Act may be cited as the "Transparency in Coverage Act of 2023".

SEC. 2. Promoting group health plan and group health insurance coverage price transparency.

SEC. 3. Pharmacy benefit manager transparency.

SEC. 4. Information on prescription drugs.

SEC. 5. Advisory committee on the accessibility of certain information.

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