Know the Price Act
Latest action (27 Feb 2020): Introduced
What this bill does
Generate a neutral, plain-English explanation of what this bill does, who it affects and what happens next — grounded in the official text.
Official summary
Know the Price Act This bill prohibits private health insurance plans from entering agreements with a health care service provider, or network of such providers, that restricts the plan from accessing and sharing cost or quality of care information. Plans may share such information with referring providers, plan sponsors, and plan enrollees, consistent with privacy rules.
Further, agreements with providers may not restrict group health plans from electronically accessing anonymous claims information upon request, consistent with privacy rules.
Common questions
- What does H.R. 6005 do?
- Know the Price Act This bill prohibits private health insurance plans from entering agreements with a health care service provider, or network of such providers, that restricts the plan from accessing and sharing cost or quality of care information. Plans may share such information with referring providers, plan sponsors, and plan enrollees, consistent with privacy rules. Further, agreements with providers may not restrict group health plans from electronically accessing anonymous claims information upon request, consistent with privacy rules.
- Has H.R. 6005 become law?
- Not yet. As of 27 Feb 2020, H.R. 6005 is introduced.
- Who sponsored H.R. 6005?
- H.R. 6005 was sponsored by Rep. Tom Malinowski [D-NJ7, 2019-2022] (Democrat-NJ), with 1 cosponsor.
- What's the latest action on H.R. 6005?
- Introduced (27 Feb 2020).
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