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Bill

S 5693

Relates to hospital compliance with federal hospital price transparency law, rules and regulations

2025 Regular Session Introduced by James Skoufis

Bill S 5693 mandates hospitals to comply with federal price transparency laws, ensuring patients access clear pricing info to make informed healthcare decisions.

PRINT NUMBER 5693A
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Bill Summary · S 5693

Summary of Bill S 5693

Bill Overview

  • Bill Number: S 5693
  • Title: Relates to hospital compliance with federal hospital price transparency law, rules and regulations
  • Status: PRINT NUMBER 5693A
  • Introduced: February 28, 2025
  • Classification: Bill

Purpose and Intent

The primary aim of Bill S 5693 is to enhance compliance among hospitals with federal regulations regarding price transparency. This legislation seeks to ensure that patients have access to clear and understandable pricing information for medical services, thereby promoting informed decision-making and fostering competition among healthcare providers.

Key Provisions

  • Compliance Requirements: The bill mandates that hospitals adhere strictly to the federal hospital price transparency law, which requires them to publicly disclose their standard charges for items and services.
  • Regulatory Framework: It outlines the rules and regulations that hospitals must follow to ensure compliance, including the format and accessibility of the pricing information.
  • Enforcement Mechanisms: The bill may include provisions for penalties or corrective actions for hospitals that fail to comply with the transparency requirements.

Impact

  • Patients: The legislation is designed to benefit patients by providing them with clearer information about the costs of healthcare services, which can help them make better financial decisions regarding their care.
  • Hospitals: Hospitals will need to adjust their practices to meet the new compliance standards, which may involve administrative changes and potential costs associated with implementing the required transparency measures.
  • Healthcare Market: By promoting price transparency, the bill aims to encourage competition among healthcare providers, potentially leading to lower costs and improved quality of care.

Legislative Timeline

  • February 28, 2025: Bill introduced and referred to the Health Committee.
  • July 18, 2025: The bill was amended and recommitted to the Health Committee, followed by the printing of version 5693A.

Related Legislation

  • S 8988: A related bill from a prior session that may address similar issues of healthcare pricing and transparency.
  • A 1900: A companion bill in the Assembly that aligns with the objectives of S 5693, potentially facilitating a more comprehensive approach to hospital price transparency across both legislative chambers.

This summary provides an overview of Bill S 5693, highlighting its purpose, key provisions, and potential impact on patients and healthcare providers. The bill represents a significant step towards improving transparency in healthcare pricing, which is crucial for empowering consumers in the healthcare market.

Compiled from official sources — confirm details with the bill’s official record.

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