Sen. Alexander: Trump Administration Price Transparency Rule Will Protect Patients and Contain Costs
"You can't lower your health care costs until you know what your health care costs," Alexander said. "The
Alexander continued: "
Background:
The Lower Health Care Cost Act is a bipartisan, bicameral proposal supported by three congressional committees. The legislation ends surprise medical billing by protecting patients from billing disputes, providing timely payments to health care providers based on where the patient lives and where they receive care, and creating a system of Independent Dispute Resolution, more commonly referred to as baseball-style arbitration. Additionally, the legislation increases transparency, improves public health, lowers drug costs, and enhances the exchange of health information. The non-partisan
America's Health Insurance Plans: Public Disclosure of Privately Negotiated Rates Will Lead to Less Affordable Health Care for Americans
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