Legislative Update: Summary of the Patients Deserve Price Tags Act
This month, the Patients Deserve Price Tags Act (S. 2355/H.R. 5582) was featured in a Senate Health, Education, Labor, and Pensions (HELP) Committee ‘Member Day’ hearing. The bill, introduced last year, would expand existing federal reporting requirements for hospitals, providers, and health insurers, provide consumers with clear, concise information on the costs of health care items and services, and increase data accessibility for plan sponsors. This bill aligns with other legislative efforts to increase transparency into health care business practices, such as the Consolidated Appropriations Act, 2026 (H.R. 7148), which implemented annual reporting and transparency requirements for plans and pharmacy benefit managers operating government and commercial plans.
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