[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9645 Introduced in House (IH)]

<DOC>






119th CONGRESS
  2d Session
                                H. R. 9645

   To promote health care price transparency, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 13, 2026

Mr. Smith of Missouri introduced the following bill; which was referred 
    to the Committee on Energy and Commerce, and in addition to the 
Committees on Ways and Means, and Education and Workforce, 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

_______________________________________________________________________

                                 A BILL


 
   To promote health care price transparency, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Health Care Price Certainty for All 
Americans Act''.

SEC. 2. REQUIRING CERTAIN FACILITIES UNDER THE MEDICARE PROGRAM TO 
              DISCLOSE CERTAIN INFORMATION RELATING TO CHARGES AND 
              PRICES.

    (a) In General.--Part E of title XVIII of the Social Security Act 
(42 U.S.C. 1395x et seq.) is amended by adding at the end the following 
new section:

``SEC. 1899D. HEALTH CARE PROVIDER PRICE TRANSPARENCY.

    ``(a) Hospitals.--
            ``(1) In general.--Beginning January 1, 2027, each 
        specified hospital that receives payment under this title for 
        furnishing items and services shall comply with the price 
        transparency requirement described in paragraph (2).
            ``(2) Requirement described.--
                    ``(A) In general.--For purposes of paragraph (1), 
                the price transparency requirement described in this 
                paragraph is, with respect to a specified hospital, 
                that such hospital--
                            ``(i) in accordance with a method and 
                        format established by the Secretary under 
                        subparagraph (C), compile and make public 
                        (without subscription and free of charge), and 
                        update not less frequently than annually (or at 
                        such greater frequency as may be specified by 
                        the Secretary)--
                                    ``(I) all of the hospital's 
                                standard charges (including the 
                                information described in subparagraph 
                                (B)) for each item and service 
                                furnished by such hospital;
                                    ``(II) information--
                                            ``(aa) on the hospital's 
                                        prices (including the 
                                        information described in 
                                        subparagraph (B)) for as many 
                                        of the Centers for Medicare & 
                                        Medicaid Services-specified 
                                        shoppable services that are 
                                        furnished by the hospital, and 
                                        as many additional hospital-
                                        selected shoppable services (or 
                                        all such additional services, 
                                        if such hospital furnishes 
                                        fewer than 300 shoppable 
                                        services) as may be necessary 
                                        for a combined total of at 
                                        least 300 shoppable services; 
                                        and
                                            ``(bb) that includes, with 
                                        respect to each Centers for 
                                        Medicare & Medicaid Services-
                                        specified shoppable service 
                                        that is not furnished by the 
                                        hospital, an indication that 
                                        such service is not so 
                                        furnished;
                            ``(ii) post in a publicly accessible 
                        location of such hospital (in a form and manner 
                        specified by the Secretary) the discounted cash 
                        price, as applicable, expressed as a dollar 
                        amount, for each Centers for Medicare & 
                        Medicaid Services-specified shoppable service 
                        that is furnished by the hospital when provided 
                        in, as applicable, the inpatient setting and 
                        outpatient department setting (or, in the case 
                        no discounted cash price is available for such 
                        service, the median cash price charged by the 
                        hospital to self-pay individuals for such 
                        service when provided in such settings for the 
                        previous three years, expressed as a dollar 
                        amount); and
                            ``(iii) submit to the Secretary (in a form 
                        and manner specified by the Secretary and on an 
                        annual basis) an attestation, signed by the 
                        chief executive officer, chief financial 
                        officer, or other comparable official (as 
                        specified by the Secretary) of such hospital, 
                        that all information made public pursuant to 
                        this subparagraph is complete and accurate.
                    ``(B) Information described.--For purposes of 
                subparagraph (A), the information described in this 
                subparagraph is, with respect to standard charges and 
                prices, as applicable, made public by a specified 
                hospital, the following:
                            ``(i) A plain language description (as 
                        specified by the Secretary) of each item or 
                        service, accompanied by, as applicable, 
                        commonly recognized billing code sets, 
                        including the Healthcare Common Procedure 
                        Coding System code, the diagnosis-related 
                        group, the national drug code, or other 
                        applicable identifier determined appropriate by 
                        the Secretary.
                            ``(ii) For each such item or service when 
                        provided in, as applicable, the inpatient and 
                        outpatient department settings--
                                    ``(I) the gross charge, as 
                                applicable, expressed as a dollar 
                                amount;
                                    ``(II) each payer-specific 
                                negotiated charge in effect between 
                                such hospital and a third party payer, 
                                expressed as a dollar amount;
                                    ``(III) the deidentified maximum 
                                and minimum payer-specific negotiated 
                                charges in effect between such hospital 
                                and any third party payer; and
                                    ``(IV) the discounted cash price, 
                                as applicable, expressed as a dollar 
                                amount (or, in the case no discounted 
                                cash price is available for such item 
                                or service, the median cash price 
                                charged by the hospital (not including 
                                charity care) to self-pay individuals 
                                for such item or service when provided 
                                in such settings for the previous three 
                                years, expressed as a dollar amount).
                            ``(iii) With respect to prices made public 
                        pursuant to subparagraph (A)(ii), a link to a 
                        consumer-friendly document that clearly 
                        explains the hospital's charity care policy 
                        that includes, if applicable, any sliding scale 
                        payment structure employed for determining 
                        prices.
                            ``(iv) Any other additional information the 
                        Secretary may require (in consultation with 
                        stakeholders) for the purpose of improving the 
                        accuracy of, or enabling consumers to easily 
                        understand and compare, standard charges and 
                        prices for an item or service (which may 
                        include, in the case that charges described in 
                        clause (iii) for an item or service are unable 
                        to be expressed as a dollar amount, such 
                        information relating to past allowed charges 
                        for such item or service as may be specified by 
                        the Secretary), except information that is 
                        duplicative of any other reporting requirement 
                        under this subsection.
                In the case of standard charges and prices for an item 
                or service included as part of a bundled, per diem, 
                episodic, or other similar arrangement, the information 
                described in this subparagraph shall be made available 
                as determined appropriate by the Secretary.
                    ``(C) Uniform method and format.--Not later than 
                January 1, 2028, the Secretary shall establish a 
                standard, uniform method and format for specified 
                hospitals to use in compiling and making public 
                standard charges pursuant to subparagraph (A)(i)(I) and 
                a standard, uniform method and format for such 
                hospitals to use in compiling and making public prices 
                pursuant to subparagraph (A)(i)(II). Such methods and 
                formats--
                            ``(i) shall, in the case of such method and 
                        format for making public--
                                    ``(I) standard charges pursuant to 
                                subparagraph (A)(i)(I), ensure that 
                                such charges are made available in a 
                                machine-readable format (or a successor 
                                technology specified by the Secretary); 
                                and
                                    ``(II) prices pursuant to 
                                subparagraph (A)(i)(II), ensure that 
                                such prices are made available in a 
                                consumer-friendly format (as specified 
                                by the Secretary);
                            ``(ii) may be similar to any template made 
                        available by the Centers for Medicare & 
                        Medicaid Services as of the date of the 
                        enactment of this subparagraph;
                            ``(iii) shall meet such standards as 
                        determined appropriate by the Secretary in 
                        order to ensure the accessibility and usability 
                        of such charges and prices; and
                            ``(iv) shall be updated as determined 
                        appropriate by the Secretary, in consultation 
                        with stakeholders.
                    ``(D) Deemed compliance with shoppable services 
                requirement for hospitals with a price estimator 
                tool.--
                            ``(i) In general.--Before the effective 
                        date of regulations implementing the provisions 
                        of sections 2799A-1(f) and 2799B-6 of the 
                        Public Health Service Act (relating to advanced 
                        explanations of benefits), including 
                        regulations on establishing data transfer 
                        standards to effectuate such provisions, a 
                        specified hospital shall be deemed to have 
                        compiled and made public information described 
                        in subparagraph (A)(i)(II) (relating to 
                        shoppable services) in accordance with a method 
                        and format specified by the Secretary under 
                        subparagraph (C) if such hospital maintains a 
                        price estimator tool described in clause (ii).
                            ``(ii) Price estimator tool described.--For 
                        purposes of clause (i), a price estimator tool 
                        described in this subparagraph is, with respect 
                        to a specified hospital, a tool that meets the 
                        following requirements:
                                    ``(I) Such tool allows an 
                                individual to immediately obtain a 
                                price estimate (taking into account 
                                whether such individual is covered 
                                under any plan, coverage, or program 
                                described in subclause (IV)(cc)) and 
                                the discounted cash price charged by a 
                                specified hospital for each Centers for 
                                Medicare & Medicaid Services-specified 
                                shoppable service that is furnished by 
                                such hospital, and for each additional 
                                shoppable service as such hospital may 
                                select, such that price estimates are 
                                available through such tool for at 
                                least 300 shoppable services (or for 
                                all such services, if such hospital 
                                furnishes fewer than 300 shoppable 
                                services).
                                    ``(II) Such tool allows an 
                                individual to obtain such an estimate 
                                by billing code and by service 
                                description.
                                    ``(III) Such tool is prominently 
                                displayed on the public internet 
                                website of such hospital.
                                    ``(IV) Such tool does not require 
                                an individual seeking such an estimate 
                                to create an account or otherwise input 
                                personal information, except that such 
                                tool may require that such individual 
                                provide information specified by the 
                                Secretary, which may include the 
                                following:
                                            ``(aa) The name of such 
                                        individual.
                                            ``(bb) The date of birth of 
                                        such individual.
                                            ``(cc) In the case such 
                                        individual is covered under a 
                                        group health plan, group or 
                                        individual health insurance 
                                        coverage, a Federal health care 
                                        program, or the program 
                                        established under chapter 89 of 
                                        title 5, United States Code, an 
                                        identifying number assigned by 
                                        such plan, coverage, or program 
                                        to such individual.
                                            ``(dd) In the case of an 
                                        individual described in item 
                                        (cc), an indication as to 
                                        whether such individual is the 
                                        primary insured individual 
                                        under such plan, coverage, or 
                                        program (and, if such 
                                        individual is not the primary 
                                        insured individual, a 
                                        description of the individual's 
                                        relationship to such primary 
                                        insured individual).
                                            ``(ee) Any other 
                                        information specified by the 
                                        Secretary.
                                    ``(V) Such tool contains a 
                                statement confirming the accuracy and 
                                completeness of information presented 
                                through such tool as of the date such 
                                request is made.
                                    ``(VI) Such tool meets any other 
                                requirement specified by the Secretary.
            ``(3) Monitoring compliance.--The Secretary shall establish 
        processes to monitor and assess specified hospitals' compliance 
        with this subsection. Such processes shall ensure that each 
        specified hospital's compliance with this subsection is 
        reviewed not less frequently than once every 3 years and 
        include processes relating to the following:
                    ``(A) The evaluation and analysis of complaints 
                made by individuals or other entities relating to such 
                hospitals' compliance with this subsection.
                    ``(B) The use of audits to ensure such hospitals' 
                compliance with this subsection.
                    ``(C) The obtaining of additional information from 
                such hospitals to determine such hospitals' compliance 
                with this subsection (as determined appropriate by the 
                Secretary).
            ``(4) Enforcement.--
                    ``(A) In general.--In the case of a specified 
                hospital that fails to comply with the requirements of 
                this subsection--
                            ``(i) not later than 30 days after the date 
                        on which the Secretary determines such failure 
                        exists, the Secretary shall submit to such 
                        hospital a notification of such determination 
                        (which may include, as determined appropriate 
                        by the Secretary, a request for a corrective 
                        action plan (to be submitted not later than 45 
                        days after such request is made) to comply with 
                        such requirements); and
                            ``(ii) in the case of a hospital that does 
                        not receive a request for a corrective action 
                        plan as part of a notification submitted by the 
                        Secretary under clause (i)--
                                    ``(I) the Secretary shall, not 
                                later than 60 days after such 
                                notification is sent, determine whether 
                                such hospital is in compliance with 
                                such requirements; and
                                    ``(II) if the Secretary determines 
                                under subclause (I) that such hospital 
                                is not in compliance with such 
                                requirements, the Secretary shall 
                                either--
                                            ``(aa) submit to such 
                                        hospital a request for a 
                                        corrective action plan (to be 
                                        submitted not later than 45 
                                        days after such request is 
                                        made) to comply with such 
                                        requirements; or
                                            ``(bb) if the Secretary 
                                        determines that such hospital 
                                        has not taken meaningful 
                                        actions to come into compliance 
                                        since such notification was 
                                        sent, impose a civil monetary 
                                        penalty in accordance with 
                                        subparagraph (B).
                    ``(B) Civil monetary penalty.--
                            ``(i) In general.--Subject to clause (vii), 
                        in addition to any other enforcement actions or 
                        penalties that may apply under another 
                        provision of Federal law, a specified hospital 
                        that has received a request for a corrective 
                        action plan under clause (i) or (ii) of 
                        subparagraph (A) and fails to comply with the 
                        requirements of this subsection by the date 
                        that is 90 days after such request is made (or, 
                        if such hospital has submitted such a 
                        corrective action plan not later than 45 days 
                        after the date such request was made, by the 
                        date that is 90 days after the date of the 
                        submission of such corrective action plan), and 
                        a specified hospital with respect to which the 
                        Secretary has made a determination described in 
                        clause (ii)(II)(bb) of such subparagraph, shall 
                        be subject to a civil monetary penalty of an 
                        amount specified by the Secretary for each day 
                        (beginning with the day on which the Secretary 
                        first determined that such hospital was not 
                        complying with such requirements) during which 
                        such failure was ongoing. Such amount shall not 
                        exceed--
                                    ``(I) in the case of a specified 
                                hospital with 30 or fewer beds, $342 
                                per day;
                                    ``(II) in the case of a specified 
                                hospital with more than 30 beds but 
                                fewer than 550 beds, $11 per bed per 
                                day; and
                                    ``(III) in the case of a specified 
                                hospital with 550 beds or more, $6,277 
                                per day.
                            ``(ii) Increase authority.--In applying 
                        this subparagraph with respect to failures to 
                        comply occurring in 2029 or a subsequent year, 
                        the Secretary may through notice and comment 
                        rulemaking increase--
                                    ``(I) the limitation on the per day 
                                amount of any penalty applicable to a 
                                specified hospital under subclause (I) 
                                or (III) of clause (i);
                                    ``(II) the limitations on the per 
                                bed per day amount of any penalty 
                                applicable under clause (i)(II); and
                                    ``(III) the amounts specified in 
                                clause (iii)(II).
                            ``(iii) Persistent noncompliance.--
                                    ``(I) In general.--In the case of a 
                                specified hospital (other than a 
                                specified hospital with 30 or fewer 
                                beds) that the Secretary has determined 
                                to be knowingly and willfully 
                                noncompliant with the provisions of 
                                this subsection for two or more 6-month 
                                periods during any 3-year period, the 
                                Secretary may increase any penalty 
                                otherwise applicable under this 
                                subparagraph by the amount specified in 
                                subclause (II) with respect to such 
                                hospital and may require such hospital 
                                to complete such additional corrective 
                                actions plans as the Secretary may 
                                specify.
                                    ``(II) Specified amount.--For 
                                purposes of subclause (I), the amount 
                                specified in this subclause is, with 
                                respect to a specified hospital--
                                            ``(aa) with more than 30 
                                        beds but fewer than 101 beds, 
                                        an amount that is not less than 
                                        $500,000 and not more than 
                                        $1,000,000;
                                            ``(bb) with more than 100 
                                        beds but fewer than 301 beds, 
                                        an amount that is greater than 
                                        $1,000,000 and not more than 
                                        $2,000,000;
                                            ``(cc) with more than 300 
                                        beds but fewer than 501 beds, 
                                        an amount that is greater than 
                                        $2,000,000 and not more than 
                                        $4,000,000; and
                                            ``(dd) with more than 500 
                                        beds, and amount that is not 
                                        less than $5,000,000 and not 
                                        more than $10,000,000.
                            ``(iv) Authority to waive or reduce 
                        penalty.--
                                    ``(I) In general.--Subject to 
                                subclause (II), the Secretary may waive 
                                any penalty, or reduce any penalty by 
                                not more than 75 percent, otherwise 
                                applicable under this subparagraph with 
                                respect to a specified hospital located 
                                in a rural area (as defined by the 
                                Federal Office of Rural Health Policy 
                                for the purpose of rural health grant 
                                programs administered by such Office) 
                                or an underserved area if the Secretary 
                                determines that imposition of such 
                                penalty would result in an immediate 
                                threat to access to care for 
                                individuals in the service area of such 
                                hospital.
                                    ``(II) Limitation on application.--
                                The Secretary may not elect to waive a 
                                penalty under subclause (I) with 
                                respect to a specified hospital more 
                                than once in a 6-year period and may 
                                not elect to reduce such a penalty with 
                                respect to such a hospital more than 
                                once in such a period. Nothing in the 
                                preceding sentence shall be construed 
                                as prohibiting the Secretary from both 
                                waiving and reducing a penalty with 
                                respect to a specified hospital during 
                                a 6-year period.
                            ``(v) Hardship exemption.--Notwithstanding 
                        any limit on the waiver or reduction of a 
                        penalty under clause (iv), the Secretary may 
                        waive any penalty with respect to a specified 
                        hospital on a case-by-case basis if the 
                        Secretary determines that a circumstance exists 
                        interfering with such hospital's ability to 
                        comply with the provisions of this subsection 
                        (such as a natural disaster (as defined in 
                        section 602(a) of the Robert T. Stafford 
                        Disaster Relief and Emergency Assistance Act), 
                        a public health emergency, or other unique or 
                        unexpected event).
                            ``(vi) Provision of technical assistance.--
                        The Secretary shall, to the extent practicable, 
                        provide technical assistance relating to 
                        compliance with the provisions of this 
                        subsection to specified hospitals requesting 
                        such assistance.
                            ``(vii) Application of certain 
                        provisions.--The provisions of section 1128A 
                        (other than subsections (a) and (b) of such 
                        section) shall apply to a civil monetary 
                        penalty imposed under this subparagraph in the 
                        same manner as such provisions apply to a civil 
                        monetary penalty imposed under subsection (a) 
                        of such section.
                    ``(C) Publication of hospital price transparency 
                information.--Beginning on January 1, 2028, the 
                Secretary shall make publicly available on the website 
                of the Centers for Medicare & Medicaid Services 
                information with respect to compliance with the 
                requirements of this subsection and enforcement 
                activities undertaken by the Secretary under this 
                subsection. Such information shall be updated in real 
                time (if practicable) and include--
                            ``(i) the number of reviews of compliance 
                        with this subsection undertaken by the 
                        Secretary;
                            ``(ii) the number of notifications 
                        described in subparagraph (A)(i) sent by the 
                        Secretary;
                            ``(iii) the identity of each specified 
                        hospital that was sent such a notification and 
                        a description of the nature of such hospital's 
                        noncompliance with this subsection;
                            ``(iv) the amount of any civil monetary 
                        penalty imposed on such hospital under 
                        subparagraph (B);
                            ``(v) whether such hospital subsequently 
                        came into compliance with this subsection;
                            ``(vi) any waivers or reductions of 
                        penalties made pursuant to a certification by 
                        the Secretary under subparagraph (B)(iv), 
                        including--
                                    ``(I) the name of any specified 
                                hospital that received such a waiver or 
                                reduction;
                                    ``(II) the dollar amount of each 
                                such penalty so waived or reduced; and
                                    ``(III) the rationale for the 
                                granting of each such waiver or 
                                reduction, but only to the extent that 
                                such rationale does not make public 
                                commercially sensitive information; and
                            ``(vii) any other information as determined 
                        by the Secretary.
    ``(b) Clinical Diagnostic Laboratory Services.--
            ``(1) In general.--Beginning January 1, 2028, any 
        applicable laboratory that receives payment under this title 
        for furnishing any specified clinical diagnostic laboratory 
        test under this title shall--
                    ``(A) make publicly available, in accordance with a 
                method and format established by the Secretary under 
                paragraph (3), the information described in paragraph 
                (2) with respect to each such specified clinical 
                diagnostic laboratory test that such laboratory so 
                furnishes;
                    ``(B) update such information not less frequently 
                than annually (or at such greater frequency as the 
                Secretary may specify);
                    ``(C) submit to the Secretary on an annual basis an 
                attestation, signed by the chief executive officer, 
                chief financial officer, or other comparable official 
                (as specified by the Secretary) of such laboratory, 
                that all such information is complete and accurate; and
                    ``(D) post in a publicly accessible location of 
                such laboratory (in a form and manner specified by the 
                Secretary) the discounted cash price, as applicable, 
                expressed as a dollar amount, for each Centers for 
                Medicare & Medicaid Services-specified shoppable 
                service that is furnished by the laboratory (or, in the 
                case no discounted cash price is available for such 
                service, the median cash price charged by the 
                laboratory to self-pay individuals for such service for 
                the previous three years, expressed as a dollar 
                amount).
            ``(2) Information described.--For purposes of paragraph 
        (1), the information described in this paragraph is, with 
        respect to an applicable laboratory and a specified clinical 
        diagnostic laboratory test, the discounted cash price for such 
        test (or, if no such price exists, the gross charge for such 
        test).
            ``(3) Uniform method and format.--Not later than January 1, 
        2028, the Secretary shall establish a standard, uniform method 
        and format for applicable laboratories to use in compiling and 
        making public information pursuant to paragraph (1). Such 
        method and format--
                    ``(A) may be similar to any template made available 
                by the Centers for Medicare & Medicaid Services (as 
                described in subsection (a)(2)(C)(ii));
                    ``(B) shall meet such standards as determined 
                appropriate by the Secretary in order to ensure the 
                accessibility and usability of such information; and
                    ``(C) shall be updated as determined appropriate by 
                the Secretary, in consultation with stakeholders.
            ``(4) Inclusion of ancillary services.--Any price or charge 
        for a specified clinical diagnostic laboratory test furnished 
        by an applicable laboratory made publicly available in 
        accordance with paragraph (1) shall include the price or charge 
        (as applicable) for any ancillary item or service (such as 
        specimen collection services) that would normally be furnished 
        by such laboratory as part of such test, as specified by the 
        Secretary.
            ``(5) Monitoring compliance.--The Secretary shall, through 
        notice and comment rulemaking, establish a process to monitor 
        compliance with this subsection.
            ``(6) Enforcement.--
                    ``(A) In general.--In the case that the Secretary 
                determines that an applicable laboratory is not in 
                compliance with the requirements of paragraph (1)--
                            ``(i) not later than 30 days after such 
                        determination, the Secretary shall notify such 
                        laboratory of such determination (which may 
                        include, as determined appropriate by the 
                        Secretary, a request for a corrective action 
                        plan (to be submitted not later than 45 days 
                        after such request is made)); and
                            ``(ii) in the case of a laboratory that 
                        does not receive a request for a corrective 
                        action plan as part of a notification under 
                        clause (i)--
                                    ``(I) the Secretary shall, not 
                                later than 90 days after such 
                                notification is sent, determine whether 
                                such laboratory is in compliance with 
                                such requirements; and
                                    ``(II) if the Secretary determines 
                                under subclause (I) that such 
                                laboratory is not in compliance with 
                                such requirements, the Secretary shall 
                                either--
                                            ``(aa) submit to such 
                                        laboratory a request for a 
                                        corrective action plan (to be 
                                        submitted not later than 45 
                                        days after such request is 
                                        made) to comply with such 
                                        requirements; or
                                            ``(bb) if the Secretary 
                                        determines that such laboratory 
                                        has not taken meaningful 
                                        actions to come into compliance 
                                        since such notification was 
                                        sent, impose a civil monetary 
                                        penalty in accordance with 
                                        subparagraph (B).
                    ``(B) Civil monetary penalty.--An applicable 
                laboratory that has received a request for a corrective 
                action plan under clause (i) or (ii) of subparagraph 
                (A) and fails to comply with the requirements of 
                paragraph (1) by the date that is 90 days after such 
                request is made, and an applicable laboratory with 
                respect to which the Secretary has made a determination 
                described in clause (ii)(II)(bb) of such subparagraph, 
                shall be subject to a civil monetary penalty in an 
                amount not to exceed $300 for each day (beginning with 
                the day on which the Secretary first determined that 
                such hospital was not complying with such requirements) 
                during which such failure was ongoing.
                    ``(C) Increase authority.--In applying this 
                paragraph with respect to failures to comply occurring 
                in 2029 or a subsequent year, the Secretary may through 
                notice and comment rulemaking increase the per day 
                limitation on civil monetary penalties under 
                subparagraph (B).
                    ``(D) Application of certain provisions.--The 
                provisions of section 1128A (other than subsections (a) 
                and (b) of such section) shall apply to a civil 
                monetary penalty imposed under this paragraph in the 
                same manner as such provisions apply to a civil 
                monetary penalty imposed under subsection (a) of such 
                section.
                    ``(E) Authority to waive or reduce penalty.--
                            ``(i) In general.--Subject to clause (ii), 
                        the Secretary may waive or reduce any penalty 
                        otherwise applicable with respect to an 
                        applicable laboratory under this paragraph if 
                        the Secretary determines that imposition of 
                        such penalty would result in an immediate 
                        threat to access to care for individuals in the 
                        service area of such laboratory.
                            ``(ii) Limitation.--The Secretary may not 
                        elect to waive or reduce a penalty under clause 
                        (i) with respect to an applicable laboratory 
                        more than 3 times in a 10 year period.
                    ``(F) Hardship exemption.--Notwithstanding any 
                limit on the waiver or reduction of a penalty under 
                subparagraph (E), the Secretary may waive any penalty 
                with respect to an applicable laboratory on a case-by-
                case basis if the Secretary determines that a 
                circumstance exists interfering with such laboratory's 
                ability to comply with the provisions of this 
                subsection (such as a natural disaster (as defined in 
                section 602(a) of the Robert T. Stafford Disaster 
                Relief and Emergency Assistance Act), a public health 
                emergency, or other unique or unexpected event).
            ``(7) Provision of technical assistance.--The Secretary 
        shall, to the extent practicable, provide technical assistance 
        relating to compliance with the provisions of this subsection 
        to applicable laboratories requesting such assistance.
            ``(8) Definitions.--In this subsection:
                    ``(A) Applicable laboratory.--The term `applicable 
                laboratory' has the meaning given such term in section 
                414.502, of title 42, Code of Federal Regulations (or a 
                successor regulation), except that such term does not 
                include a laboratory with respect to which standard 
                charges and prices for specified clinical diagnostic 
                laboratory tests furnished by such laboratory are made 
                available by--
                            ``(i) a specified hospital pursuant to 
                        subsection (a); or
                            ``(ii) an ambulatory surgical center 
                        pursuant to subsection (d).
                    ``(B) Specified clinical diagnostic laboratory 
                test.--the term `specified clinical diagnostic 
                laboratory test' means a clinical diagnostic laboratory 
                test that is included on the list of shoppable services 
                specified by the Centers for Medicare & Medicaid 
                Services (as described in subsection (a)(2)(A)(i)(II)), 
                other than an advanced diagnostic laboratory test (as 
                defined in section 1834A(d)(5)).
    ``(c) Imaging Services.--
            ``(1) In general.--Beginning January 1, 2028, each provider 
        of services and supplier that receives payment under this title 
        for furnishing a specified imaging service, other than such a 
        provider or supplier with respect to which standard charges and 
        prices for such services furnished by such provider or supplier 
        are made available by a specified hospital pursuant to 
        subsection (a) or an ambulatory surgical center pursuant to 
        subsection (d), shall--
                    ``(A) make publicly available, in accordance with a 
                method and format established by the Secretary under 
                paragraph (3), the information described in paragraph 
                (2) with respect to each such service that such 
                provider of services or supplier furnishes;
                    ``(B) updated such information not less frequently 
                than annually (or at such greater frequency as the 
                Secretary may specify);
                    ``(C) submit to the Secretary on an annual basis an 
                attestation, signed by the chief executive officer, 
                chief financial officer, or other comparable official 
                (as specified by the Secretary) of such provider or 
                supplier, that all such information is complete and 
                accurate; and
                    ``(D) post in a publicly accessible location of 
                such provider or supplier (in a form and manner 
                specified by the Secretary) the discounted cash price, 
                as applicable, expressed as a dollar amount, for each 
                Centers for Medicare & Medicaid Services-specified 
                shoppable service that is furnished by the provider or 
                supplier (or, in the case no discounted cash price is 
                available for such service, the median cash price 
                charged by the provider or supplier to self-pay 
                individuals for such service for the previous three 
                years, expressed as a dollar amount).
            ``(2) Information described.--For purposes of paragraph 
        (1), the information described in this paragraph is, with 
        respect to a provider of services or supplier and a specified 
        imaging service, the discounted cash price for such service 
        (or, if no such price exists, the gross charge for such 
        service).
            ``(3) Uniform method and format.--Not later than January 1, 
        2028, the Secretary shall establish a standard, uniform method 
        and format for providers of services and suppliers to use in 
        making public information described in paragraph (2). Any such 
        method and format--
                    ``(A) may be similar to any template made available 
                by the Centers for Medicare & Medicaid Services (as 
                described in subsection (a)(2)(C)(ii));
                    ``(B) shall meet such standards as determined 
                appropriate by the Secretary in order to ensure the 
                accessibility and usability of such information; and
                    ``(C) shall be updated as determined appropriate by 
                the Secretary, in consultation with stakeholders.
            ``(4) Monitoring compliance.--The Secretary shall, through 
        notice and comment rulemaking, establish a process to monitor 
        compliance with this subsection.
            ``(5) Enforcement.--
                    ``(A) In general.--In the case that the Secretary 
                determines that a provider of services or supplier is 
                not in compliance with the requirements of paragraph 
                (1)--
                            ``(i) not later than 30 days after such 
                        determination, the Secretary shall notify such 
                        provider or supplier of such determination 
                        (which may include, as determined appropriate 
                        by the Secretary, a request for a corrective 
                        action plan (to be submitted not later than 45 
                        days after such request is made)); and
                            ``(ii) in the case of a provider of 
                        services or supplier that does not receive a 
                        request for a corrective action plan as part of 
                        a notification under clause (i)--
                                    ``(I) the Secretary shall, not 
                                later than 90 days after such 
                                notification is sent, determine whether 
                                such provider or supplier is in 
                                compliance with such requirements; and
                                    ``(II) if the Secretary determines 
                                under subclause (I) that such provider 
                                or supplier is not in compliance with 
                                such requirements, the Secretary shall 
                                either--
                                            ``(aa) submit to such 
                                        provider or supplier a request 
                                        for a corrective action plan 
                                        (to be submitted not later than 
                                        45 days after such request is 
                                        made) to comply with such 
                                        requirements; or
                                            ``(bb) if the Secretary 
                                        determines that such provider 
                                        or supplier has not taken 
                                        meaningful actions to come into 
                                        compliance since such 
                                        notification was sent, impose a 
                                        civil monetary penalty in 
                                        accordance with subparagraph 
                                        (B).
                    ``(B) Civil monetary penalty.--A provider of 
                services or supplier that has received a request for a 
                corrective action plan under clause (i) or (ii) of 
                subparagraph (A) and fails to comply with the 
                requirements of paragraph (1) by the date that is 90 
                days after such request is made, and a provider of 
                services or supplier with respect to which the 
                Secretary has made a determination described in clause 
                (ii)(II)(bb) of such subparagraph, shall be subject to 
                a civil monetary penalty in an amount not to exceed 
                $300 for each day (beginning with the day on which the 
                Secretary first determined that such provider or 
                supplier was not complying with such requirements) 
                during which such failure was ongoing.
                    ``(C) Increase authority.--In applying this 
                paragraph with respect to failures to comply occurring 
                in 2029 or a subsequent year, the Secretary may through 
                notice and comment rulemaking increase the amount of 
                the civil monetary penalty under subparagraph (B).
                    ``(D) Application of certain provisions.--The 
                provisions of section 1128A (other than subsections (a) 
                and (b) of such section) shall apply to a civil 
                monetary penalty imposed under this paragraph in the 
                same manner as such provisions apply to a civil 
                monetary penalty imposed under subsection (a) of such 
                section.
                    ``(E) Authority to waive or reduce penalty.--
                            ``(i) In general.--Subject to clause (ii), 
                        the Secretary may waive or reduce any penalty 
                        otherwise applicable with respect to a provider 
                        of services or supplier under this paragraph if 
                        the Secretary determines that imposition of 
                        such penalty would result in an immediate 
                        threat to access to care for individuals in the 
                        service area of such provider or supplier.
                            ``(ii) Limitation.--The Secretary may not 
                        elect to waive or reduce a penalty under clause 
                        (i) with respect to a specific provider of 
                        services or supplier more than 3 times in a 10 
                        year period.
                    ``(F) Hardship exemption.--Notwithstanding any 
                limit on the waiver or reduction of a penalty under 
                subpargraph (E), the Secretary may waive any penalty 
                with respect to a provider of services or supplier on a 
                case-by-case basis if the Secretary determines that a 
                circumstance exists interfering with such provider's or 
                supplier's ability to comply with the provisions of 
                this subsection (such as a natural disaster (as defined 
                in section 602(a) of the Robert T. Stafford Disaster 
                Relief and Emergency Assistance Act), a public health 
                emergency, or other unique or unexpected event).
                    ``(G) Provision of technical assistance.--The 
                Secretary shall, to the extent practicable, provide 
                technical assistance relating to compliance with the 
                provisions of this subsection to providers of services 
                and suppliers requesting such assistance.
            ``(6) Definition.--In this subsection, the term `specified 
        imaging service' means an imaging service that is included on 
        the list of Centers for Medicare & Medicaid Services-specified 
        shoppable services (as described in subsection (a)(i)(II)).
    ``(d) Ambulatory Surgical Centers.--
            ``(1) In general.--Beginning January 1, 2028, each 
        ambulatory surgical center that receives payment under this 
        title for furnishing items and services shall comply with the 
        price transparency requirement described in paragraph (2).
            ``(2) Requirement described.--
                    ``(A) In general.--For purposes of paragraph (1), 
                the price transparency requirement described in this 
                subsection is, with respect to an ambulatory surgical 
                center, that such center--
                            ``(i) in accordance with a method and 
                        format established by the Secretary under 
                        subparagraph (C), compile and make public 
                        (without subscription and free of charge), and 
                        update not less frequently than annually (or at 
                        such greater frequency as may be specified by 
                        the Secretary)--
                                    ``(I) all of the ambulatory 
                                surgical center's standard charges 
                                (including the information described in 
                                subparagraph (B)) for each item and 
                                service furnished by such surgical 
                                center;
                                    ``(II) information on the 
                                ambulatory surgical center's prices 
                                (including the information described in 
                                subparagraph (B)) for as many of the 
                                Centers for Medicare & Medicaid 
                                Services-specified shoppable services 
                                (as specified by the Secretary) that 
                                are furnished by such surgical center, 
                                and as many additional ambulatory 
                                surgical center-selected shoppable 
                                services (or all such additional 
                                services, if such surgical center 
                                furnishes fewer than 300 shoppable 
                                services) as may be necessary for a 
                                combined total of at least 300 
                                shoppable services; and
                                    ``(III) with respect to each 
                                Centers for Medicare & Medicaid 
                                Services-specified shoppable service 
                                that is not furnished by the ambulatory 
                                surgical center, an indication that 
                                such service is not so furnished;
                            ``(ii) submit to the Secretary on an annual 
                        basis an attestation, signed by the chief 
                        executive officer, chief financial officer, or 
                        other comparable official (as specified by the 
                        Secretary) of such center, that all information 
                        made public pursuant to this subparagraph is 
                        complete and accurate; and
                            ``(iii) post in a publicly accessible 
                        location of such center (in a form and manner 
                        specified by the Secretary) the discounted cash 
                        price, as applicable, expressed as a dollar 
                        amount, for each Centers for Medicare & 
                        Medicaid Services-specified shoppable service 
                        that is furnished by the center (or, in the 
                        case no discounted cash price is available for 
                        such service, the median cash price charged by 
                        the center to self-pay individuals for such 
                        service for the previous three years, expressed 
                        as a dollar amount).
                    ``(B) Information described.--For purposes of 
                subparagraph (A), the information described in this 
                subparagraph is, with respect to standard charges and 
                prices, as applicable, made public by an ambulatory 
                surgical center, the following:
                            ``(i) A plain language description (as 
                        specified by the Secretary) of each item or 
                        service, accompanied by, as applicable, 
                        commonly recognized billing code sets, 
                        including the Healthcare Common Procedure 
                        Coding System code, the national drug code, or 
                        other applicable identifier determined 
                        appropriate by the Secretary.
                            ``(ii) For each such item or service--
                                    ``(I) the gross charge, as 
                                applicable, expressed as a dollar 
                                amount;
                                    ``(II) each payer-specific 
                                negotiated charge in effect between 
                                such center and a third party payer, 
                                expressed as a dollar amount;
                                    ``(III) the deidentified maximum 
                                and minimum payer-specific negotiated 
                                charges in effect between such center 
                                and any third party payer; and
                                    ``(IV) the discounted cash price, 
                                as applicable, expressed as a dollar 
                                amount (or, in the case no discounted 
                                cash price is available for an item or 
                                service, the median cash price charged 
                                to self-pay individuals (not including 
                                charity care) for such item or service 
                                for the previous three years, expressed 
                                as a dollar amount).
                            ``(iii) Any other additional information 
                        the Secretary may require (in consultation with 
                        stakeholders) for the purpose of improving the 
                        accuracy of, or enabling consumers to easily 
                        understand and compare, standard charges and 
                        prices for an item or service, except 
                        information that is duplicative of any other 
                        reporting requirement under this subsection.
                In the case of standard charges and prices for an item 
                or service included as part of a bundled, per diem, 
                episodic, or other similar arrangement, the information 
                described in this subparagraph shall be made available 
                as determined appropriate by the Secretary.
                    ``(C) Uniform method and format.--Not later than 
                January 1, 2028, the Secretary shall establish a 
                standard, uniform method and format for ambulatory 
                surgical centers to use in making public standard 
                charges pursuant to subparagraph (A)(i) and a standard, 
                uniform method and format for such centers to use in 
                making public prices pursuant to subparagraph (A)(ii). 
                Any such method and format--
                            ``(i) shall, in the case of--
                                    ``(I) standard charges made public 
                                by an ambulatory surgical center under 
                                subparagraph (A)(i), ensure that such 
                                charges are made available in a 
                                machine-readable format (or successor 
                                technology); and
                                    ``(II) prices made public by an 
                                ambulatory surgical center under 
                                subparagraph (A)(ii), ensure that such 
                                prices are made available in a 
                                consumer-friendly format (as specified 
                                by the Secretary);
                            ``(ii) may be similar to any template made 
                        available by the Centers for Medicare & 
                        Medicaid Services (as described in subsection 
                        (a)(2)(C)(ii));
                            ``(iii) shall meet such standards as 
                        determined appropriate by the Secretary in 
                        order to ensure the accessibility and usability 
                        of such charges and prices; and
                            ``(iv) shall be updated as determined 
                        appropriate by the Secretary, in consultation 
                        with stakeholders.
                    ``(D) Deemed compliance with shoppable services 
                requirement for centers with a price estimator tool.--
                            ``(i) In general.--Before the effective 
                        date of regulations implementing the provisions 
                        of sections 2799A-1(f) and 2799B-6 of the 
                        Public Health Service Act (relating to advanced 
                        explanations of benefits), including 
                        regulations on establishing data transfer 
                        standards to effectuate such provisions, a 
                        specified hospital shall be deemed to have 
                        compiled and made public information described 
                        in subparagraph (A)(i)(II) (relating to 
                        shoppable services) in accordance with a method 
                        and format specified by the Secretary under 
                        subparagraph (C) if such hospital maintains a 
                        price estimator tool described in clause (ii).
                            ``(ii) Price estimator tool described.--For 
                        purposes of clause (i), a price estimator tool 
                        described in this subparagraph is, with respect 
                        to an ambulatory surgical center, a tool that 
                        meets the following requirements:
                                    ``(I) Such tool allows an 
                                individual to immediately obtain a 
                                price estimate (taking into account 
                                whether such individual is covered 
                                under any plan, coverage, or program 
                                described in subclause (IV)(cc)) and 
                                the discounted cash price charged by an 
                                ambulatory surgical center for each 
                                Centers for Medicare & Medicaid 
                                Services-specified shoppable service 
                                that is furnished by such center, and 
                                for each additional shoppable service 
                                as such center may select, such that 
                                price estimates are available through 
                                such tool for at least 300 shoppable 
                                services (or for all such services, if 
                                such hospital furnishes fewer than 300 
                                shoppable services).
                                    ``(II) Such tool allows an 
                                individual to obtain such an estimate 
                                by billing code and by service 
                                description.
                                    ``(III) Such tool is prominently 
                                displayed on the public internet 
                                website of such center.
                                    ``(IV) Such tool does not require 
                                an individual seeking such an estimate 
                                to create an account or otherwise input 
                                personal information, except that such 
                                tool may require that such individual 
                                provide information specified by the 
                                Secretary, which may include the 
                                following:
                                            ``(aa) The name of such 
                                        individual.
                                            ``(bb) The date of birth of 
                                        such individual.
                                            ``(cc) In the case such 
                                        individual is covered under a 
                                        group health plan, group or 
                                        individual health insurance 
                                        coverage, a Federal health care 
                                        program, or the program 
                                        established under chapter 89 of 
                                        title 5, United States Code, an 
                                        identifying number assigned by 
                                        such plan, coverage, or program 
                                        to such individual.
                                            ``(dd) In the case of an 
                                        individual described in item 
                                        (cc), an indication as to 
                                        whether such individual is the 
                                        primary insured individual 
                                        under such plan, coverage, or 
                                        program (and, if such 
                                        individual is not the primary 
                                        insured individual, a 
                                        description of the individual's 
                                        relationship to such primary 
                                        insured individual).
                                            ``(ee) Any other 
                                        information specified by the 
                                        Secretary.
                                    ``(V) Such tool contains a 
                                statement confirming the accuracy and 
                                completeness of information presented 
                                through such tool as of the date such 
                                request is made.
                                    ``(VI) Such tool meets any other 
                                requirement specified by the Secretary.
            ``(3) Monitoring compliance.--The Secretary shall establish 
        processes to monitor and assess ambulatory surgical centers' 
        compliance with this subsection. Such processes shall include 
        processes relating to the following:
                    ``(A) The evaluation and analysis of complaints 
                made by individuals or other entities relating to such 
                centers' compliance with this subsection.
                    ``(B) The use of audits to ensure such centers' 
                compliance with this subsection.
                    ``(C) The obtaining of additional information from 
                such centers to determine such centers' compliance with 
                this subsection (as determined appropriate by the 
                Secretary).
            ``(4) Enforcement.--
                    ``(A) In general.--In the case that the Secretary 
                determines that an ambulatory surgical center is not in 
                compliance with the requirements of paragraph (1)--
                            ``(i) not later than 30 days after such 
                        determination, the Secretary shall notify such 
                        center of such determination (which may 
                        include, as determined appropriate by the 
                        Secretary, a request for a corrective action 
                        plan (to be submitted not later than 45 days 
                        after such request is made)); and
                            ``(ii) in the case of an ambulatory 
                        surgical center that does not receive a request 
                        for a corrective action plan as part of a 
                        notification under clause (i)--
                                    ``(I) the Secretary shall, not 
                                later than 90 days after such 
                                notification is sent, determine whether 
                                such center is in compliance with such 
                                requirements; and
                                    ``(II) if the Secretary determines 
                                under subclause (I) that such center is 
                                not in compliance with such 
                                requirements, the Secretary shall 
                                either--
                                            ``(aa) submit to such 
                                        center a request for a 
                                        corrective action plan (to be 
                                        submitted not later than 45 
                                        days after such request is 
                                        made) to comply with such 
                                        requirements; or
                                            ``(bb) if the Secretary 
                                        determines that such center has 
                                        not taken meaningful actions to 
                                        come into compliance since such 
                                        notification was sent, impose a 
                                        civil monetary penalty in 
                                        accordance with subparagraph 
                                        (B).
                    ``(B) Civil monetary penalty.--
                            ``(i) In general.--An ambulatory surgical 
                        center that has received a request for a 
                        corrective action plan under clause (i) or (ii) 
                        of subparagraph (A) and fails to comply with 
                        the requirements of paragraph (1) by the date 
                        that is 90 days after such request is made, and 
                        an ambulatory surgical center with respect to 
                        which the Secretary has made a determination 
                        described in clause (ii)(II)(bb) of such 
                        subparagraph, shall be subject to a civil 
                        monetary penalty in an amount not to exceed 
                        $300 for each day (beginning with the day on 
                        which the Secretary first determined that such 
                        center was not complying with such 
                        requirements) during which such failure was 
                        ongoing.
                            ``(ii) Increase authority.--In applying 
                        this subparagraph with respect to failures to 
                        comply occurring in 2029 or a subsequent year, 
                        the Secretary may through notice and comment 
                        rulemaking increase the limitation on the per 
                        day amount of any penalty under clause (i).
                            ``(iii) Application of certain 
                        provisions.--The provisions of section 1128A 
                        (other than subsections (a) and (b) of such 
                        section) shall apply to a civil monetary 
                        penalty imposed under this subparagraph in the 
                        same manner as such provisions apply to a civil 
                        monetary penalty imposed under subsection (a) 
                        of such section.
                            ``(iv) Authority to waive or reduce 
                        penalty.--
                                    ``(I) In general.--Subject to 
                                subclause (II), the Secretary may waive 
                                any penalty, or reduce any penalty by 
                                not more than 75 percent, otherwise 
                                applicable under this subparagraph with 
                                respect to an ambulatory surgical 
                                center located in a rural or 
                                underserved area if the Secretary 
                                certifies that imposition of such 
                                penalty would result in an immediate 
                                threat to access to care for 
                                individuals in the service area of such 
                                surgical center.
                                    ``(II) Limitation on application.--
                                The Secretary may not elect to waive a 
                                penalty under subclause (I) with 
                                respect to an ambulatory surgical 
                                center more than once in a 6-year 
                                period and may not elect to reduce such 
                                a penalty with respect to such a 
                                surgical center more than once in such 
                                a period. Nothing in the preceding 
                                sentence shall be construed as 
                                prohibiting the Secretary from both 
                                waiving and reducing a penalty with 
                                respect to an ambulatory surgical 
                                center during a 6-year period.
                            ``(v) Hardship exemption.--Notwithstanding 
                        any limit on the waiver or reduction of a 
                        penalty under clause (iv), the Secretary may 
                        waive any penalty with respect to an ambulatory 
                        surgical center on a case-by-case basis if the 
                        Secretary determines that a circumstance exists 
                        interfering with such center's ability to 
                        comply with the provisions of this subsection 
                        (such as a natural disaster (as defined in 
                        section 602(a) of the Robert T. Stafford 
                        Disaster Relief and Emergency Assistance Act), 
                        a public health emergency, or other unique or 
                        unexpected event).
            ``(5) Provision of technical assistance.--The Secretary 
        shall, to the extent practicable, provide technical assistance 
        relating to compliance with the provisions of this subsection 
        to ambulatory surgical centers requesting such assistance.
    ``(e) Ensuring Accessibility Through Implementation.--In 
implementing this section, the Secretary shall through rulemaking 
ensure that a provider of services or supplier making public charges 
and prices pursuant to this section takes reasonable steps (as 
specified by the Secretary) to ensure the accessibility of such charges 
and information to individuals with limited English proficiency. Such 
steps may include the provision of interpretation services or the 
provision of translations of charges and information.
    ``(f) Definitions.--For purposes of this section:
            ``(1) Discounted cash price.--The term `discounted cash 
        price' means the charge that applies to an individual who pays 
        cash, or cash equivalent, for an item or service.
            ``(2) Gross charge.--The term `gross charge' means the 
        charge for an individual item or service that is reflected on a 
        specified hospital's chargemaster or provider of service or 
        supplier's, as applicable, chargemaster (or similar list of 
        prices), absent any discounts.
            ``(3) Payer-specific negotiated charge.--The term `payer-
        specific negotiated charge' means the charge that an applicable 
        laboratory has negotiated with a third party payer for an item 
        or service.
            ``(4) Shoppable service.--The term `shoppable service' 
        means a service that can be scheduled by a health care consumer 
        in advance and includes all ancillary items and services 
        customarily furnished as part of such service.
            ``(5) Specified hospital.--The term `specified hospital' 
        means a hospital (as defined in section 1861(e)), a critical 
        access hospital (as defined in section 1861(mmm)(1)), or a 
        rural emergency hospital (as defined in section 1861(kkk)).
            ``(6) Third party payer.--The term `third party payer' 
        means an entity that is, by statute, contract, or agreement, 
        legally responsible for payment of a claim for an item or 
        service.''.
    (b) Conforming Amendment.--Section 2718(e) of the Public Health 
Service Act (42 U.S.C. 300gg-18(e)) is amended by adding at the end the 
following new sentence: ``The preceding provisions of this subsection 
shall not apply beginning on January 1, 2028.''.

SEC. 3. HEALTH COVERAGE PRICE TRANSPARENCY.

    (a) Price Transparency Requirements.--
            (1) IRC.--
                    (A) In general.--Section 9819 of the Internal 
                Revenue Code of 1986 is amended--
                            (i) in the header, by striking 
                        ``maintenance of price comparison tool'' and 
                        inserting ``transparency in coverage'';
                            (ii) by striking ``A group health plan'' 
                        and inserting the following:
    ``(a) Maintenance of Price Comparison Tool for Plan Years Before 
2029.--
            ``(1) In general.--A group health plan'';
                            (iii) in subsection (a), as inserted by 
                        clause (ii), by adding at the end the following 
                        new paragraph:
            ``(2) Sunset.--Paragraph (1) shall not apply with respect 
        to plan years beginning on or after January 1, 2029.''; and
                            (iv) by adding at the end the following new 
                        subsections:
    ``(b) Cost-sharing Transparency.--
            ``(1) In general.--For plan years beginning on or after 
        January 1, 2029, a group health plan shall provide a 
        participant or beneficiary, in a timely manner upon request of 
        the participant or beneficiary, information on the amount of 
        cost-sharing (including deductibles, copayments, and 
        coinsurance) under the participant or beneficiary's plan that 
        the participant or beneficiary would be responsible for paying 
        with respect to the furnishing of a specific item or service by 
        a provider. At a minimum, such information shall include the 
        information specified in paragraph (2) and shall be made 
        available to such participant or beneficiary through a self-
        service tool that meets the requirements of paragraph (3) or, 
        at the option of such participant or beneficiary, through a 
        paper disclosure or phone or other electronic disclosure (as 
        selected by such participant or beneficiary and provided at no 
        cost to such participant or beneficiary) that meets such 
        requirements as the Secretary may specify.
            ``(2) Specified information.--For purposes of paragraph 
        (1), the information specified in this paragraph is, with 
        respect to an item or service for which benefits are available 
        under a group health plan furnished by a health care provider 
        to a participant or beneficiary of such plan, the following:
                    ``(A) If such provider is a participating provider 
                with respect to such item or service, the in-network 
                rate for such item or service.
                    ``(B) If such provider is not a participating 
                provider with respect to such item or service, the 
                maximum allowed amount or other dollar amount that such 
                plan will recognize as payment for such item or 
                service, along with a notice that such participant or 
                beneficiary may be liable for additional charges.
                    ``(C) The estimated amount of cost sharing 
                (including deductibles, copayments, and coinsurance) 
                that the participant or beneficiary will incur for such 
                item or service (which, in the case such item or 
                service is to be furnished by a provider described in 
                subparagraph (B), shall be calculated using the maximum 
                allowed amount or other dollar amount described in such 
                subparagraph).
                    ``(D) The amount the participant or beneficiary has 
                already accumulated with respect to any deductible or 
                out of pocket maximum under the plan (broken down, in 
                the case separate deductibles or maximums apply to a 
                participant and such participant's beneficiaries 
                enrolled in the plan, by such separate deductibles or 
                maximums, in addition to any cumulative deductible or 
                maximum).
                    ``(E) In the case such plan imposes any frequency 
                or volume limitations with respect to such item or 
                service (excluding medical necessity determinations), 
                the amount that such participant or beneficiary has 
                accrued towards such limitation with respect to such 
                item or service.
                    ``(F) Any prior authorization, concurrent review, 
                step therapy, fail first, or similar requirements 
                applicable to coverage of such item or service under 
                such plan.
                    ``(G) Any financial incentives (such as any credit, 
                payment, or other benefit provided by such plan) 
                available to the participant or beneficiary with 
                respect to such item or service furnished by such 
                provider known at the time such request is made.
                    ``(H) Other information determined appropriate by 
                the Secretary.
            ``(3) Self-service tool.--For purposes of paragraph (1), a 
        self-service tool established by a group health plan meets the 
        requirements of this paragraph if such tool--
                    ``(A) is based on an internet website (or successor 
                technology specified by the Secretary);
                    ``(B) is made available in plain language at no 
                cost;
                    ``(C) provides for real-time responses to requests 
                described in paragraph (1);
                    ``(D) is updated in a manner such that information 
                provided through such tool is timely and accurate at 
                the time such request is made;
                    ``(E) allows such a request to be made with respect 
                to an item or service furnished by--
                            ``(i) a specific provider that is a 
                        participating provider with respect to such 
                        item or service;
                            ``(ii) all providers that are participating 
                        providers with respect to such item or service; 
                        or
                            ``(iii) nonspecific providers located in a 
                        relevant geographic region that are not 
                        participating providers with respect to such 
                        item or service;
                    ``(F) provides that such a request may be made with 
                respect to an item or service through use of the 
                billing code for such item or service or through use of 
                a descriptive term for such item or service; and
                    ``(G) meets any other requirement determined 
                appropriate by the Secretary, including requirements to 
                ensure the accessibility and usability of information 
                provided through such tool.
    ``(c) Rate and Payment Information.--
            ``(1) In general.--For plan years beginning on or after 
        January 1, 2029, each group health plan (other than a 
        grandfathered health plan (as defined in section 1251(e) of the 
        Patient Protection and Affordable Care Act) or a church plan 
        (as defined in section 414(e))) shall make available to the 
        public the rate and payment information described in paragraph 
        (2) in accordance with paragraph (3).
            ``(2) Rate and payment information described.--For purposes 
        of paragraph (1), the rate and payment information described in 
        this paragraph is, with respect to a group health plan, the 
        following:
                    ``(A) With respect to each item or service (other 
                than a drug) for which benefits are available under 
                such plan--
                            ``(i) the in-network rate (expressed as a 
                        dollar amount) in effect as of the date on 
                        which such information is made public with each 
                        provider that is a participating provider with 
                        respect to such item or service (other than, in 
                        the case that such plan provides benefits for 
                        such item or service only when furnished by a 
                        specific type of provider, such a participating 
                        provider who is not such type of provider 
                        (referred to in this subparagraph as an 
                        `excluded provider')); and
                            ``(ii) with respect to each such 
                        participating provider (other than a provider 
                        that is an excluded provider with respect to 
                        such item or service), an indication of 
                        whether, during the 1-year period beginning 18 
                        months before the date such information is made 
                        public, such provider submitted a claim for 
                        such item or service to such plan for which 
                        payment was made (in whole or in part) under 
                        such plan.
                    ``(B) With respect to each drug (identified by 
                national drug code) for which benefits are available 
                under such plan--
                            ``(i) the in-network rate (expressed as a 
                        dollar amount) in effect as of the first day of 
                        the month in which such information is made 
                        public with each provider that is a 
                        participating provider with respect to such 
                        drug;
                            ``(ii) the average amount paid by such plan 
                        (accounting for, in a manner determined 
                        appropriate by the Secretary, rebates, 
                        discounts, price concessions, and any other 
                        remuneration specified by the Secretary) for 
                        such drug dispensed or administered during the 
                        90-day period beginning 180 days before such 
                        date of publication to each provider that was a 
                        participating provider with respect to such 
                        drug, broken down by each such provider, unless 
                        fewer than 20 claims for such drug were 
                        submitted to such plan during such period; and
                            ``(iii) in the case such drug is an 
                        applicable spread price drug dispensed by a 
                        pharmacy--
                                    ``(I) a specification that such 
                                drug is such an applicable spread price 
                                drug; and
                                    ``(II) for each pharmacy that has a 
                                contractual relationship for dispensing 
                                such drug under such plan, a 
                                specification of the difference (if 
                                any) between the specified payment 
                                amount for such drug so dispensed by 
                                such pharmacy and the specified 
                                reimbursement amount for such drug so 
                                dispensed by such pharmacy.
                    ``(C) With respect to each item or service for 
                which benefits are available under such plan, the 
                amount billed, and the amount allowed by the plan, for 
                each such item or service furnished during the 6-month 
                period beginning 9 months before the date such 
                information is made public by a provider that was not a 
                participating provider with respect to such item or 
                service, broken down by each such provider, other than 
                such an amount with respect to an item or service for 
                which, during such period, fewer than 11 claims were 
                made under such plan. In determining the number of 
                claims made under such plan with respect to an item or 
                service during such period for purposes of the 
                preceding sentence, such number shall be deemed to 
                include all claims for such item or service made during 
                such period under all group health plans offered in the 
                same insurance market (specified in subclause (I), 
                (II), (III), of section 9816(a)(3)(E)(iv)) by the 
                sponsor of the plan at issue.
        In the case that a specific dollar amount for an in-network 
        rate required to be made available pursuant to this subsection 
        with respect to an item or service cannot be determined 
        prospectively on the basis that such rate is determined as a 
        percentage of the billed charges for such item or service, such 
        percentage and the median amount recognized by such plan as 
        payment for such item or service with respect to claims for 
        such item or service submitted by participating providers 
        during the period described in subparagraph (A)(ii) shall be 
        reported by such plan in lieu of such rate. Such plan shall 
        identify that such median amount represents an estimate of such 
        in-network rate for such item or service.
            ``(3) Manner of publication.--
                    ``(A) In general.--Rate and payment information 
                required to be made available under this subsection 
                shall be so made available in dollar amounts through 
                separate machine-readable files (and any successor 
                technology, as applicable, such as application 
                programming interface technology, determined 
                appropriate by the Secretary) corresponding to the 
                information described in each of subparagraphs (A) 
                through (C) of paragraph (2) that meet such 
                requirements as specified by the Secretary (which may 
                be so specified through subregulatory guidance), 
                including requirements relating to whether such 
                information should be so made available on the plan or 
                coverage level, with respect to individual provider 
                networks, or aggregated in such manner as specified by 
                the Secretary. Such requirements shall ensure that such 
                files are limited to an appropriate size, do not 
                include disclosure of unnecessary duplicative 
                information contained in other files made available 
                under this subsection, are made available in a widely 
                available format through a publicly available website 
                that allows for information contained in such files to 
                be compared across group health plans and group or 
                individual health insurance coverage, and are 
                accessible to individuals at no cost and without the 
                need to establish a user account or provide other 
                credentials or undertake other steps as may be 
                specified by the Secretary.
                    ``(B) Timing.--Rate and payment information 
                described in paragraph (2) shall be made public on a 
                quarterly basis.
            ``(4) User instructions.--Each group health plan shall make 
        available to the public instructions written in plain language 
        explaining how individuals may search for information described 
        in paragraph (2) in files submitted in accordance with 
        paragraph (3). The Secretary shall develop and publish through 
        subregulatory guidance a template that such a plan may use in 
        developing instructions for purposes of the preceding sentence.
            ``(5) Summary.--For each plan year beginning on or after 
        January 1, 2029, each group health plan shall make public a 
        data file, in a manner that ensures that such file may be 
        easily downloaded and read by standard spreadsheet software and 
        that meets such requirements as established by the Secretary, 
        containing a summary of all rate and payment information made 
        public by such plan with respect to such plan during such plan 
        year. Such file shall include the following:
                    ``(A) The mean, median, and interquartile range of 
                the in-network rate, and the amount allowed for an item 
                or service when not furnished by a participating 
                provider, in effect as of the first day of such plan 
                year for each item or service (identified by payer 
                identifier approved or used by the Centers for Medicare 
                & Medicaid Services) for which benefits are available 
                under the plan, broken down by the type of provider 
                furnishing the item or service and by the geographic 
                area in which such item or service is furnished.
                    ``(B) Trends in payment rates for such items and 
                services over such plan year, including an 
                identification of instances in which such rates have 
                increased, decreased, or remained the same.
                    ``(C) The name of such plan, a description of the 
                type of network of participating providers used by such 
                plan, and a description of whether such plan is self-
                insured or fully-insured.
                    ``(D) For each item or service which is paid as 
                part of a bundled or capitated rate--
                            ``(i) a description of the formulae, 
                        pricing methodologies, or other information 
                        used to calculate the payment rate for such 
                        rate; and
                            ``(ii) a list of the items and services 
                        included in such rate.
                    ``(E) The percentage of items and services that are 
                paid for on a fee-for-service basis and the percentage 
                of items and services that are paid for as part of a 
                bundled rate, capitated payment rate, or other 
                alternative payment model.
    ``(d) Attestation.-- A group health plan shall annually submit to 
the Secretary an attestation, signed by the chief executive officer, 
chief financial officer, or other comparable official (as specified by 
the Secretary) of such plan, of such plan's compliance with the 
provisions of this section and that information made available under 
this section is true, accurate, and complete. Such attestation shall, 
except in the case of a grandfathered health plan (as defined in 
section 1251(e) of the Patient Protection and Affordable Care Act) or a 
church plan (as defined in section 414(e)), include a link to the 
website (or other successor technology) where rate and payment 
information required to be made public under subsection (c) may be 
accessed.
    ``(e) Accessibility.--A group health plan shall take reasonable 
steps (as specified by the Secretary) to ensure that information 
provided in response to a request described in subsection (b), and rate 
and payment information made public under subsection (c), is provided 
in plain, easily understandable language and that interpretation, 
translations, and assistive services are provided to those with limited 
English proficiency and those with disabilities.
    ``(f) Definitions.--In this section:
            ``(1) Applicable spread price drug.--The term `applicable 
        spread price drug' means, with respect to a group health plan, 
        a drug for which benefits are available under such plan and 
        with respect to which, at the time rate and payment information 
        is made public by such plan under subsection (c)--
                    ``(A) a contract is in effect between an entity 
                providing pharmacy benefit management services on 
                behalf of such plan and a pharmacy for the dispensing 
                of such drug under such plan; and
                    ``(B) the specified payment amount for such drug so 
                dispensed is less than the specified reimbursement 
                amount for such drug so dispensed.
            ``(2) In-network rate.--The term `in-network rate' means, 
        with respect to a group health plan and an item or service 
        furnished by a provider that is a participating provider with 
        respect to such plan and item or service, the contracted rate 
        (reflected as a dollar amount) in effect between such plan and 
        such provider for such item or service, regardless of whether 
        such rate is calculated based on a set amount, a fee schedule, 
        or an amount derived from another amount, or a formula, or 
        other method.
            ``(3) Participating provider.--The term `participating 
        provider' means, with respect to an item or service and a group 
        health plan, a physician or other health care provider (as 
        defined in paragraph (4)) who is acting within the scope of 
        practice of that provider's license or certification under 
        applicable State law and who has a contractual relationship 
        with the plan for furnishing such item or service under the 
        plan.
            ``(4) Provider.--The term `provider' includes a health care 
        facility and a pharmacy.
            ``(5) Specified payment amount.--The term `specified 
        payment amount' means, with respect to a drug to be dispensed 
        by a pharmacy to a participant or beneficiary of a group health 
        plan where such pharmacy has in effect a contract with an 
        entity providing pharmacy benefit management services on behalf 
        of such plan for the dispensing of such drug under such plan, 
        the amount that such entity has agreed to pay such pharmacy for 
        the ingredient costs and any applicable dispensing fee for such 
        drug (or the amount that such entity has agreed to pay such 
        pharmacy for such drug under any other compensation structure 
        specified by the Secretary) under such contract, taking into 
        account any cost sharing requirement applicable to such drug 
        and participant or beneficiary.
            ``(6) Specified reimbursement amount.--The term `specified 
        reimbursement amount' means, with respect to a drug to be 
        dispensed by a pharmacy to a participant or beneficiary of a 
        group health plan where such pharmacy has in effect a contract 
        with an entity providing pharmacy benefit management services 
        on behalf of such plan for the dispensing of such drug under 
        such plan, the amount that such plan has agreed to pay to such 
        entity for the ingredient costs and any applicable dispensing 
        fee for such drug (or the amount that such plan has agreed to 
        pay such entity for such drug under any other compensation 
        structure specified by the Secretary), taking into account any 
        cost sharing requirement applicable to such drug and 
        participant or beneficiary.''.
                    (B) Clerical amendment.--The item relating to 
                section 9819 of the table of sections for subchapter B 
                of chapter 100 of the Internal Revenue Code of 1986 is 
                amended to read as follows:

``Sec. 9819. Transparency in coverage.''.
            (2) PHSA.--Section 2799A-4 of the Public Health Service Act 
        (42 U.S.C. 300gg-114) is amended--
                    (A) in the header, by striking ``maintenance of 
                price comparison tool'' and inserting ``transparency in 
                coverage'';
                    (B) by striking ``A group health plan'' and 
                inserting the following:
    ``(a) Maintenance of Price Comparison Tool for Plan Years Before 
2029.--
            ``(1) In general.--A group health plan'';
                    (C) in subsection (a), as inserted by subparagraph 
                (B), by adding at the end the following new paragraph:
            ``(2) Sunset.--Paragraph (1) shall not apply with respect 
        to plan years beginning on or after January 1, 2029.''; and
                    (D) by adding at the end the following new 
                subsections:
    ``(b) Cost-sharing Transparency.--
            ``(1) In general.--For plan years beginning on or after 
        January 1, 2029, a group health plan and a health insurance 
        issuer offering group or individual health insurance coverage 
        shall provide a participant, beneficiary, or enrollee, in a 
        timely manner upon request of the participant, beneficiary, or 
        enrollee, information on the amount of cost-sharing (including 
        deductibles, copayments, and coinsurance) under the 
        participant, beneficiary, or enrollee's plan or coverage that 
        the participant, beneficiary, or enrollee would be responsible 
        for paying with respect to the furnishing of a specific item or 
        service by a provider. At a minimum, such information shall 
        include the information specified in paragraph (2) and shall be 
        made available to such participant, beneficiary, or enrollee 
        through a self-service tool that meets the requirements of 
        paragraph (3) or, at the option of such participant, 
        beneficiary, or enrollee, through a paper disclosure or phone 
        or other electronic disclosure (as selected by such individual 
        and provided at no cost to such individual) that meets such 
        requirements as the Secretary may specify.
            ``(2) Specified information.--For purposes of paragraph 
        (1), the information specified in this paragraph is, with 
        respect to an item or service for which benefits are available 
        under a group health plan or group or individual health 
        insurance coverage furnished by a health care provider to an 
        individual enrolled under such plan or coverage, the following:
                    ``(A) If such provider is a participating provider 
                with respect to such item or service, the in-network 
                rate for such item or service.
                    ``(B) If such provider is not a participating 
                provider with respect to such item or service, the 
                maximum allowed amount or other dollar amount that such 
                plan or coverage will recognize as payment for such 
                item or service, along with a notice that such 
                individual may be liable for additional charges.
                    ``(C) The estimated amount of cost sharing 
                (including deductibles, copayments, and coinsurance) 
                that the individual will incur for such item or service 
                (which, in the case such item or service is to be 
                furnished by a provider described in subparagraph (B), 
                shall be calculated using the maximum allowed amount or 
                other dollar amount described in such subparagraph).
                    ``(D) The amount the individual has already 
                accumulated with respect to any deductible or out of 
                pocket maximum under the plan or coverage (broken down, 
                in the case separate deductibles or maximums apply to 
                individuals enrolled in the plan or coverage, by such 
                separate deductibles or maximums, in addition to any 
                cumulative deductible or maximum).
                    ``(E) In the case such plan imposes any frequency 
                or volume limitations with respect to such item or 
                service (excluding medical necessity determinations), 
                the amount that such individual has accrued towards 
                such limitation with respect to such item or service.
                    ``(F) Any prior authorization, concurrent review, 
                step therapy, fail first, or similar requirements 
                applicable to coverage of such item or service under 
                such plan or coverage.
                    ``(G) Any financial incentives (such as any credit, 
                payment, or other benefit provided by such plan or 
                issuer) available to the individual with respect to 
                such item or service furnished by such provider known 
                at the time such request is made.
                    ``(H) Other information determined appropriate by 
                the Secretary.
            ``(3) Self-service tool.--For purposes of paragraph (1), a 
        self-service tool established by a group health plan or health 
        insurance issuer offering group or individual health insurance 
        coverage meets the requirements of this paragraph if such 
        tool--
                    ``(A) is based on an internet website (or successor 
                technology specified by the Secretary);
                    ``(B) is made available in plain language at no 
                cost;
                    ``(C) provides for real-time responses to requests 
                described in paragraph (1);
                    ``(D) is updated in a manner such that information 
                provided through such tool is timely and accurate at 
                the time such request is made;
                    ``(E) allows such a request to be made with respect 
                to an item or service furnished by--
                            ``(i) a specific provider that is a 
                        participating provider with respect to such 
                        item or service;
                            ``(ii) all providers that are participating 
                        providers with respect to such item or service; 
                        or
                            ``(iii) nonspecific providers located in a 
                        relevant geographic region that are not 
                        participating providers with respect to such 
                        item or service;
                    ``(F) provides that such a request may be made with 
                respect to an item or service through use of the 
                billing code for such item or service or through use of 
                a descriptive term for such item or service; and
                    ``(G) meets any other requirement determined 
                appropriate by the Secretary, including requirements to 
                ensure the accessibility and usability of information 
                provided through such tool.
    ``(c) Rate and Payment Information.--
            ``(1) In general.--For plan years beginning on or after 
        January 1, 2029, each group health plan and health insurance 
        issuer offering group or individual health insurance coverage 
        (other than a grandfathered health plan (as defined in section 
        1251(e) of the Patient Protection and Affordable Care Act) and 
        other than such an issuer offering group health insurance 
        coverage in connection with a church plan (as defined in 
        section 414(e) of the Internal Revenue Code of 1986)) shall 
        make available to the public the rate and payment information 
        described in paragraph (2) in accordance with paragraph (3).
            ``(2) Rate and payment information described.--For purposes 
        of paragraph (1), the rate and payment information described in 
        this paragraph is, with respect to a group health plan or group 
        or individual health insurance coverage, the following:
                    ``(A) With respect to each item or service (other 
                than a drug) for which benefits are available under 
                such plan or coverage--
                            ``(i) the in-network rate (expressed as a 
                        dollar amount) in effect as of the date on 
                        which such information is made public with each 
                        provider that is a participating provider with 
                        respect to such item or service (other than, in 
                        the case that such plan or coverage provides 
                        benefits for such item or service only when 
                        furnished by a specific type of provider, such 
                        a participating provider who is not such type 
                        of provider (referred to in this subparagraph 
                        as an `excluded provider')); and
                            ``(ii) with respect to each such 
                        participating provider (other than a provider 
                        that is an excluded provider with respect to 
                        such item or service), an indication of 
                        whether, during the 1-year period beginning 18 
                        months before the date such information is made 
                        public, such provider submitted a claim for 
                        such item or service to such plan or coverage 
                        for which payment was made (in whole or in 
                        part) under such plan or coverage.
                    ``(B) With respect to each drug (identified by 
                national drug code) for which benefits are available 
                under such plan or coverage--
                            ``(i) the in-network rate (expressed as a 
                        dollar amount) in effect as of the first day of 
                        the month in which such information is made 
                        public with each provider that is a 
                        participating provider with respect to such 
                        drug;
                            ``(ii) the average amount paid by such plan 
                        or coverage (accounting for, in a manner 
                        determined appropriate by the Secretary, 
                        rebates, discounts, price concessions, and any 
                        other remuneration specified by the Secretary) 
                        for such drug dispensed or administered during 
                        the 90-day period beginning 180 days before 
                        such date of publication to each provider that 
                        was a participating provider with respect to 
                        such drug, broken down by each such provider, 
                        unless fewer than 20 claims for such drug were 
                        submitted to such plan or coverage during such 
                        period; and
                            ``(iii) in the case such drug is an 
                        applicable spread price drug dispensed by a 
                        pharmacy--
                                    ``(I) a specification that such 
                                drug is such an applicable spread price 
                                drug; and
                                    ``(II) for each pharmacy that has a 
                                contractual relationship for dispensing 
                                such drug under such plan or coverage, 
                                a specification of the difference (if 
                                any) between the specified payment 
                                amount for such drug so dispensed by 
                                such pharmacy and the specified 
                                reimbursement amount for such drug so 
                                dispensed by such pharmacy.
                    ``(C) With respect to each item or service for 
                which benefits are available under such plan or 
                coverage, the amount billed, and the amount allowed by 
                the plan or coverage, for each such item or service 
                furnished during the 6-month period beginning 9 months 
                before the date such information is made public by a 
                provider that was not a participating provider with 
                respect to such item or service, broken down by each 
                such provider, other than such an amount with respect 
                to an item or service for which, during such period, 
                fewer than 11 claims were made under such plan or 
                coverage. In determining the number of claims made 
                under such plan or coverage with respect to an item or 
                service during such period for purposes of the 
                preceding sentence, such number shall be deemed to 
                include all claims for such item or service made during 
                such period under all group health plans and health 
                insurance coverage offered in the same insurance market 
                (specified in subclause (I), (II), (III), or (IV) of 
                section 2799A-1(a)(3)(E)(iv)) by the sponsor or issuer 
                (as applicable) of the plan or coverage at issue.
        In the case that a specific dollar amount for an in-network 
        rate required to be made available pursuant to this subsection 
        with respect to an item or service cannot be determined 
        prospectively on the basis that such rate is determined as a 
        percentage of the billed charges for such item or service, such 
        percentage and the median amount recognized by such plan or 
        coverage as payment for such item or service with respect to 
        claims for such item or service submitted by participating 
        providers during the period described in subparagraph (A)(ii) 
        shall be reported by such plan in lieu of such rate. Such plan 
        or coverage shall identify that such median amount represents 
        an estimate of such in-network rate for such item or service.
            ``(3) Manner of publication.--
                    ``(A) In general.--Rate and payment information 
                required to be made available under this subsection 
                shall be so made available in dollar amounts through 
                separate machine-readable files (and any successor 
                technology, as applicable, such as application 
                programming interface technology, determined 
                appropriate by the Secretary) corresponding to the 
                information described in each of subparagraphs (A) 
                through (C) of paragraph (2) that meet such 
                requirements as specified by the Secretary (which may 
                be so specified through subregulatory guidance), 
                including requirements relating to whether such 
                information should be so made available on the plan or 
                coverage level, with respect to individual provider 
                networks, or aggregated in such manner as specified by 
                the Secretary. Such requirements shall ensure that such 
                files are limited to an appropriate size, do not 
                include disclosure of unnecessary duplicative 
                information contained in other files made available 
                under this subsection, are made available in a widely-
                available format through a publicly-available website 
                that allows for information contained in such files to 
                be compared across group health plans and group or 
                individual health insurance coverage, and are 
                accessible to individuals at no cost and without the 
                need to establish a user account or provide other 
                credentials.
                    ``(B) Timing.--Rate and payment information 
                described in paragraph (2) shall be made public on a 
                quarterly basis.
            ``(4) User instructions.--Each group health plan and health 
        insurance issuer offering group or individual health insurance 
        coverage shall make available to the public instructions 
        written in plain language explaining how individuals may search 
        for information described in paragraph (2) in files submitted 
        in accordance with paragraph (3). The Secretary shall develop 
        and publish through subregulatory guidance a template that such 
        a plan may use in developing instructions for purposes of the 
        preceding sentence.
            ``(5) Summary.--For each plan year beginning on or after 
        January 1, 2029, each group health plan and health insurance 
        issuer offering group or individual health insurance coverage 
        shall make public a data file, in a manner that ensures that 
        such file may be easily downloaded and read by standard 
        spreadsheet software and that meets such requirements as 
        established by the Secretary, containing a summary of all rate 
        and payment information made public by such plan or issuer with 
        respect to such plan or coverage during such plan year. Such 
        file shall include the following:
                    ``(A) The mean, median, and interquartile range of 
                the in-network rate, and the amount allowed for an item 
                or service when not furnished by a participating 
                provider, in effect as of the first day of such plan 
                year for each item or service (identified by payer 
                identifier approved or used by the Centers for Medicare 
                & Medicaid Services) for which benefits are available 
                under the plan or coverage, broken down by the type of 
                provider furnishing the item or service and by the 
                geographic area in which such item or service is 
                furnished.
                    ``(B) Trends in payment rates for such items and 
                services over such plan year, including an 
                identification of instances in which such rates have 
                increased, decreased, or remained the same.
                    ``(C) The name of such plan, a description of the 
                type of network of participating providers used by such 
                plan or coverage, and, in the case of a group health 
                plan, a description of whether such plan is self-
                insured or fully-insured.
                    ``(D) For each item or service which is paid as 
                part of a bundled or capitated rate--
                            ``(i) a description of the formulae, 
                        pricing methodologies, or other information 
                        used to calculate the payment rate for such 
                        rate; and
                            ``(ii) a list of the items and services 
                        included in such rate.
                    ``(E) The percentage of items and services that are 
                paid for on a fee-for-service basis and the percentage 
                of items and services that are paid for as part of a 
                bundled rate, capitated payment rate, or other 
                alternative payment model.
    ``(d) Attestation.--Each group health plan and health insurance 
issuer offering group or individual health insurance coverage shall 
annually submit to the Secretary an attestation, signed by the chief 
executive officer, chief financial officer, or other comparable 
official (as specified by the Secretary) of such plan or issuer, of 
such plan's or coverage's compliance with the provisions of this 
section and that information made available under this section is true, 
accurate, and complete. Such attestation shall, except in the case of a 
grandfathered health plan (as defined in section 1251(e) of the Patient 
Protection and Affordable Care Act) or in the case of such an issuer 
offering group health insurance coverage in connection with a church 
plan (as defined in section 414(e) of the Internal Revenue Code of 
1986), include a link to the website (or other successor technology) 
where rate and payment information required to be made public under 
subsection (c) may be accessed.
    ``(e) Accessibility.--A group health plan and a health insurance 
issuer offering group or individual health insurance coverage shall 
take reasonable steps (as specified by the Secretary) to ensure that 
information provided in response to a request described in subsection 
(b), and rate and payment information made public under subsection (c), 
is provided in plain, easily understandable language and that 
interpretation, translations, and assistive services are provided to 
those with limited English proficiency and those with disabilities.
    ``(f) Definitions.--In this section:
            ``(1) Applicable spread price drug.--The term `applicable 
        spread price drug' means, with respect to a group health plan 
        or group or individual health insurance coverage, a drug for 
        which benefits are available under such plan or coverage and 
        with respect to which, at the time rate and payment information 
        is made public by such plan under subsection (c)--
                    ``(A) a contract is in effect between an entity 
                providing pharmacy benefit management services on 
                behalf of such plan or coverage and a pharmacy for the 
                dispensing of such drug under such plan or coverage; 
                and
                    ``(B) the specified payment amount for such drug so 
                dispensed is less than the specified reimbursement 
                amount for such drug so dispensed.
            ``(2) In-network rate.--The term `in-network rate' means, 
        with respect to a group health plan or group or individual 
        health insurance coverage and an item or service furnished by a 
        provider that is a participating provider with respect to such 
        plan or coverage and item or service, the contracted rate 
        (reflected as a dollar amount) in effect between such plan or 
        coverage and such provider for such item or service, regardless 
        of whether such rate is calculated based on a set amount, a fee 
        schedule, or an amount derived from another amount, or a 
        formula, or other method.
            ``(3) Participating provider.--The term `participating 
        provider' means, with respect to an item or service and a group 
        health plan or health insurance issuer offering group or 
        individual health insurance coverage, a physician or other 
        health care provider (as defined in paragraph (4)) who is 
        acting within the scope of practice of that provider's license 
        or certification under applicable State law and who has a 
        contractual relationship with the plan or issuer, respectively, 
        for furnishing such item or service under the plan or coverage, 
        respectively.
            ``(4) Provider.--The term `provider' includes a health care 
        facility and a pharmacy.
            ``(5) Specified payment amount.--The term `specified 
        payment amount' means, with respect to a drug to be dispensed 
        by a pharmacy to a participant, beneficiary, or enrollee of a 
        group health plan or group or individual health insurance 
        coverage where such pharmacy has in effect a contract with an 
        entity providing pharmacy benefit management services on behalf 
        of such plan or coverage for the dispensing of such drug under 
        such plan or coverage, the amount that such entity has agreed 
        to pay such pharmacy for the ingredient costs and any 
        applicable dispensing fee for such drug (or the amount that 
        such entity has agreed to pay such pharmacy for such drug under 
        any other compensation structure specified by the Secretary) 
        under such contract, taking into account any cost sharing 
        requirement applicable to such drug and participant, 
        beneficiary, or enrollee.
            ``(6) Specified reimbursement amount.--The term `specified 
        reimbursement amount' means, with respect to a drug to be 
        dispensed by a pharmacy to a participant, beneficiary, or 
        enrollee of a group health plan or group or individual health 
        insurance coverage where such pharmacy has in effect a contract 
        with an entity providing pharmacy benefit management services 
        on behalf of such plan or coverage for the dispensing of such 
        drug under such plan or coverage, the amount that such plan or 
        coverage has agreed to pay to such entity for the ingredient 
        costs and any applicable dispensing fee for such drug (or the 
        amount that such plan or coverage has agreed to pay such entity 
        for such drug under any other compensation structure specified 
        by the Secretary), taking into account any cost sharing 
        requirement applicable to such drug and participant, 
        beneficiary, or enrollee.''.
            (3) ERISA.--
                    (A) In general.--Section 719 of the Employee 
                Retirement Income Security Act of 1974 (29 U.S.C. 
                1185h) is amended--
                            (i) in the header, by striking 
                        ``maintenance of price comparison tool'' and 
                        inserting ``transparency in coverage'';
                            (ii) by striking ``A group health plan'' 
                        and inserting the following:
    ``(a) Maintenance of Price Comparison Tool for Plan Years Before 
2029.--
            ``(1) In general.--A group health plan'';
                            (iii) in subsection (a), as inserted by 
                        clause (ii), by adding at the end the following 
                        new paragraph:
            ``(2) Sunset.--Paragraph (1) shall not apply with respect 
        to plan years beginning on or after January 1, 2029.''; and
                            (iv) by adding at the end the following new 
                        subsections:
    ``(b) Cost-Sharing Transparency.--
            ``(1) In general.--For plan years beginning on or after 
        January 1, 2029, a group health plan and a health insurance 
        issuer offering group health insurance coverage shall provide a 
        participant or beneficiary, in a timely manner upon request of 
        the participant or beneficiary, information on the amount of 
        cost-sharing (including deductibles, copayments, and 
        coinsurance) under the participant or beneficiary's plan or 
        coverage that the participant or beneficiary would be 
        responsible for paying with respect to the furnishing of a 
        specific item or service by a provider. At a minimum, such 
        information shall include the information specified in 
        paragraph (2) and shall be made available to such participant 
        or beneficiary through a self-service tool that meets the 
        requirements of paragraph (3) or, at the option of such 
        participant or beneficiary, through a paper disclosure or phone 
        or other electronic disclosure (as selected by such participant 
        or beneficiary and provided at no cost to such participant or 
        beneficiary) that meets such requirements as the Secretary may 
        specify.
            ``(2) Specified information.--For purposes of paragraph 
        (1), the information specified in this paragraph is, with 
        respect to an item or service for which benefits are available 
        under a group health plan or group health insurance coverage 
        furnished by a health care provider to a participant or 
        beneficiary of such plan or coverage, the following:
                    ``(A) If such provider is a participating provider 
                with respect to such item or service, the in-network 
                rate for such item or service.
                    ``(B) If such provider is not a participating 
                provider with respect to such item or service, the 
                maximum allowed amount or other dollar amount that such 
                plan or coverage will recognize as payment for such 
                item or service, along with a notice that such 
                participant or beneficiary may be liable for additional 
                charges.
                    ``(C) The estimated amount of cost-sharing 
                (including deductibles, copayments, and coinsurance) 
                that the participant or beneficiary will incur for such 
                item or service (which, in the case such item or 
                service is to be furnished by a provider described in 
                subparagraph (B), shall be calculated using the maximum 
                allowed amount or other dollar amount described in such 
                subparagraph).
                    ``(D) The amount the participant or beneficiary has 
                already accumulated with respect to any deductible or 
                out of pocket maximum under the plan or coverage 
                (broken down, in the case separate deductibles or 
                maximums apply to a participant and such participant's 
                beneficiaries enrolled in the plan or coverage, by such 
                separate deductibles or maximums, in addition to any 
                cumulative deductible or maximum).
                    ``(E) In the case such plan imposes any frequency 
                or volume limitations with respect to such item or 
                service (excluding medical necessity determinations), 
                the amount that such participant or beneficiary has 
                accrued towards such limitation with respect to such 
                item or service.
                    ``(F) Any prior authorization, concurrent review, 
                step therapy, fail first, or similar requirements 
                applicable to coverage of such item or service under 
                such plan or coverage.
                    ``(G) Any financial incentives (such as any credit, 
                payment, or other benefit provided by such plan or 
                issuer) available to the participant or beneficiary 
                with respect to such item or service furnished by such 
                provider known at the time such request is made.
                    ``(H) Other information determined appropriate by 
                the Secretary.
            ``(3) Self-service tool.--For purposes of paragraph (1), a 
        self-service tool established by a group health plan or health 
        insurance issuer offering group health insurance coverage meets 
        the requirements of this paragraph if such tool--
                    ``(A) is based on an internet website (or successor 
                technology specified by the Secretary);
                    ``(B) is made available in plain language at no 
                cost;
                    ``(C) provides for real-time responses to requests 
                described in paragraph (1);
                    ``(D) is updated in a manner such that information 
                provided through such tool is timely and accurate at 
                the time such request is made;
                    ``(E) allows such a request to be made with respect 
                to an item or service furnished by--
                            ``(i) a specific provider that is a 
                        participating provider with respect to such 
                        item or service;
                            ``(ii) all providers that are participating 
                        providers with respect to such item or service; 
                        or
                            ``(iii) nonspecific providers located in a 
                        relevant geographic region that are not 
                        participating providers with respect to such 
                        item or service;
                    ``(F) provides that such a request may be made with 
                respect to an item or service through use of the 
                billing code for such item or service or through use of 
                a descriptive term for such item or service; and
                    ``(G) meets any other requirement determined 
                appropriate by the Secretary, including requirements to 
                ensure the accessibility and usability of information 
                provided through such tool.
    ``(c) Rate and Payment Information.--
            ``(1) In general.--For plan years beginning on or after 
        January 1, 2029, each group health plan and health insurance 
        issuer offering group health insurance coverage (other than a 
        grandfathered health plan (as defined in section 1251(e) of the 
        Patient Protection and Affordable Care Act)) shall make 
        available to the public the rate and payment information 
        described in paragraph (2) in accordance with paragraph (3).
            ``(2) Rate and payment information described.--For purposes 
        of paragraph (1), the rate and payment information described in 
        this paragraph is, with respect to a group health plan or group 
        health insurance coverage, the following:
                    ``(A) With respect to each item or service (other 
                than a drug) for which benefits are available under 
                such plan or coverage--
                            ``(i) the in-network rate (expressed as a 
                        dollar amount) in effect as of the date on 
                        which such information is made public with each 
                        provider that is a participating provider with 
                        respect to such item or service (other than, in 
                        the case that such plan or coverage provides 
                        benefits for such item or service only when 
                        furnished by a specific type of provider, such 
                        a participating provider who is not such type 
                        of provider (referred to in this subparagraph 
                        as an `excluded provider')); and
                            ``(ii) with respect to each such 
                        participating provider (other than a provider 
                        that is an excluded provider with respect to 
                        such item or service), an indication of 
                        whether, during the 1-year period beginning 18 
                        months before the date such information is made 
                        public, such provider submitted a claim for 
                        such item or service to such plan or coverage 
                        for which payment was made (in whole or in 
                        part) under such plan or coverage.
                    ``(B) With respect to each drug (identified by 
                national drug code) for which benefits are available 
                under such plan or coverage--
                            ``(i) the in-network rate (expressed as a 
                        dollar amount) in effect as of the first day of 
                        the month in which such information is made 
                        public with each provider that is a 
                        participating provider with respect to such 
                        drug;
                            ``(ii) the average amount paid by such plan 
                        or coverage (accounting for, in a manner 
                        determined appropriate by the Secretary, 
                        rebates, discounts, price concessions, and any 
                        other remuneration specified by the Secretary) 
                        for such drug dispensed or administered during 
                        the 90-day period beginning 180 days before 
                        such date of publication to each provider that 
                        was a participating provider with respect to 
                        such drug, broken down by each such provider, 
                        unless fewer than 20 claims for such drug were 
                        submitted to such plan or coverage during such 
                        period; and
                            ``(iii) in the case such drug is an 
                        applicable spread price drug dispensed by a 
                        pharmacy--
                                    ``(I) a specification that such 
                                drug is such an applicable spread price 
                                drug; and
                                    ``(II) for each pharmacy that has a 
                                contractual relationship for dispensing 
                                such drug under such plan or coverage, 
                                a specification of the difference (if 
                                any) between the specified payment 
                                amount for such drug so dispensed by 
                                such pharmacy and the specified 
                                reimbursement amount for such drug so 
                                dispensed by such pharmacy.
                    ``(C) With respect to each item or service for 
                which benefits are available under such plan or 
                coverage, the amount billed, and the amount allowed by 
                the plan or coverage, for each such item or service 
                furnished during the 6-month period beginning 9 months 
                before the date such information is made public by a 
                provider that was not a participating provider with 
                respect to such item or service, broken down by each 
                such provider, other than such an amount with respect 
                to an item or service for which, during such period, 
                fewer than 11 claims were made under such plan or 
                coverage. In determining the number of claims made 
                under such plan or coverage with respect to an item or 
                service during such period for purposes of the 
                preceding sentence, such number shall be deemed to 
                include all claims for such item or service made during 
                such period under all group health plans and health 
                insurance coverage offered in the same insurance market 
                (specified in subclause (I), (II), (III), or (IV) of 
                section 716(a)(3)(E)(iv)) by the sponsor or issuer (as 
                applicable) of the plan or coverage at issue.
        In the case that a specific dollar amount for an in-network 
        rate required to be made available pursuant to this subsection 
        with respect to an item or service cannot be determined 
        prospectively on the basis that such rate is determined as a 
        percentage of the billed charges for such item or service, such 
        percentage and the median amount recognized by such plan or 
        coverage as payment for such item or service with respect to 
        claims for such item or service submitted by participating 
        providers during the period described in subparagraph (A)(ii) 
        shall be reported by such plan or coverage in lieu of such 
        rate. Such plan or coverage shall identify that such median 
        amount represents an estimate of such in-network rate for such 
        item or service.
            ``(3) Manner of publication.--
                    ``(A) In general.--Rate and payment information 
                required to be made available under this subsection 
                shall be so made available in dollar amounts through 
                separate machine-readable files (and any successor 
                technology, as applicable, such as application 
                programming interface technology, determined 
                appropriate by the Secretary) corresponding to the 
                information described in each of subparagraphs (A) 
                through (C) of paragraph (2) that meet such 
                requirements as specified by the Secretary (which may 
                be so specified through subregulatory guidance), 
                including requirements relating to whether such 
                information should be so made available on the plan or 
                coverage level, with respect to individual provider 
                networks, or aggregated in such manner as specified by 
                the Secretary. Such requirements shall ensure that such 
                files are limited to an appropriate size, do not 
                include disclosure of unnecessary duplicative 
                information contained in other files made available 
                under this subsection, are made available in a widely 
                available format through a publicly available website 
                that allows for information contained in such files to 
                be compared across group health plans and group or 
                individual health insurance coverage, and are 
                accessible to individuals at no cost and without the 
                need to establish a user account or provide other 
                credentials.
                    ``(B) Timing.--Rate and payment information 
                described in paragraph (2) shall be made public on a 
                quarterly basis.
            ``(4) User instructions.--Each group health plan and health 
        insurance issuer offering group health insurance coverage shall 
        make available to the public instructions written in plain 
        language explaining how individuals may search for information 
        described in paragraph (2) in files submitted in accordance 
        with paragraph (3). The Secretary shall develop and publish 
        through subregulatory guidance a template that such a plan may 
        use in developing instructions for purposes of the preceding 
        sentence.
            ``(5) Summary.--For each plan year beginning on or after 
        January 1, 2029, each group health plan and health insurance 
        issuer offering group health insurance coverage shall make 
        public a data file, in a manner that ensures that such file may 
        be easily downloaded and read by standard spreadsheet software 
        and that meets such requirements as established by the 
        Secretary, containing a summary of all rate and payment 
        information made public by such plan or issuer with respect to 
        such plan or coverage during such plan year. Such file shall 
        include the following:
                    ``(A) The mean, median, and interquartile range of 
                the in-network rate, and the amount allowed for an item 
                or service when not furnished by a participating 
                provider, in effect as of the first day of such plan 
                year for each item or service (identified by payer 
                identifier approved or used by the Centers for Medicare 
                & Medicaid Services) for which benefits are available 
                under the plan or coverage, broken down by the type of 
                provider furnishing the item or service and by the 
                geographic area in which such item or service is 
                furnished.
                    ``(B) Trends in payment rates for such items and 
                services over such plan year, including an 
                identification of instances in which such rates have 
                increased, decreased, or remained the same.
                    ``(C) The name of such plan, a description of the 
                type of network of participating providers used by such 
                plan or coverage, and, in the case of a group health 
                plan, a description of whether such plan is self-
                insured or fully-insured.
                    ``(D) For each item or service which is paid as 
                part of a bundled or capitated rate--
                            ``(i) a description of the formulae, 
                        pricing methodologies, or other information 
                        used to calculate the payment rate for such 
                        rate; and
                            ``(ii) a list of the items and services 
                        included in such rate.
                    ``(E) The percentage of items and services that are 
                paid for on a fee-for-service basis and the percentage 
                of items and services that are paid for as part of a 
                bundled rate, capitated payment rate, or other 
                alternative payment model.
    ``(d) Attestation.--Each group health plan and health insurance 
issuer offering group health insurance coverage shall annually submit 
to the Secretary an attestation, signed by the chief executive officer, 
chief financial officer, or other comparable official (as specified by 
the Secretary) of such plan or issuer, of such plan's or coverage's 
compliance with the provisions of this section and that information 
made available under this section is true, accurate, and complete. Such 
attestation shall, except in the case of a grandfathered health plan 
(as defined in section 1251(e) of the Patient Protection and Affordable 
Care Act), include a link to the website (or other successor 
technology) where rate and payment information required to be made 
public under subsection (c) may be accessed.
    ``(e) Accessibility.--A group health plan and a health insurance 
issuer offering group health insurance coverage shall take reasonable 
steps (as specified by the Secretary) to ensure that information 
provided in response to a request described in subsection (b), and rate 
and payment information made public under subsection (c), is provided 
in plain, easily understandable language and that interpretation, 
translations, and assistive services are provided to those with limited 
English proficiency and those with disabilities.
    ``(f) Definitions.--In this section:
            ``(1) Applicable spread price drug.--The term `applicable 
        spread price drug' means, with respect to a group health plan 
        or group health insurance coverage, a drug for which benefits 
        are available under such plan or coverage and with respect to 
        which, at the time rate and payment information is made public 
        by such plan under subsection (c)--
                    ``(A) a contract is in effect between an entity 
                providing pharmacy benefit management services on 
                behalf of such plan or coverage and a pharmacy for the 
                dispensing of such drug under such plan or coverage; 
                and
                    ``(B) the specified payment amount for such drug so 
                dispensed is less than the specified reimbursement 
                amount for such drug so dispensed.
            ``(2) In-network rate.--The term `in-network rate' means, 
        with respect to a group health plan or group health insurance 
        coverage and an item or service furnished by a provider that is 
        a participating provider with respect to such plan or coverage 
        and item or service, the contracted rate (reflected as a dollar 
        amount) in effect between such plan or coverage and such 
        provider for such item or service, regardless of whether such 
        rate is calculated based on a set amount, a fee schedule, or an 
        amount derived from another amount, or a formula, or other 
        method.
            ``(3) Participating provider.--The term `participating 
        provider' means, with respect to an item or service and a group 
        health plan or health insurance issuer offering group health 
        insurance coverage, a physician or other health care provider 
        (as defined in paragraph (4)) who is acting within the scope of 
        practice of that provider's license or certification under 
        applicable State law and who has a contractual relationship 
        with the plan or issuer, respectively, for furnishing such item 
        or service under the plan or coverage, respectively.
            ``(4) Provider.--The term `provider' includes a health care 
        facility and a pharmacy.
            ``(5) Specified payment amount.--The term `specified 
        payment amount' means, with respect to a drug to be dispensed 
        by a pharmacy to a participant or beneficiary of a group health 
        plan or group health insurance coverage where such pharmacy has 
        in effect a contract with an entity providing pharmacy benefit 
        management services on behalf of such plan or coverage for the 
        dispensing of such drug under such plan or coverage, the amount 
        that such entity has agreed to pay such pharmacy for the 
        ingredient costs and any applicable dispensing fee for such 
        drug (or the amount that such entity has agreed to pay such 
        pharmacy for such drug under any other compensation structure 
        specified by the Secretary) under such contract, taking into 
        account any cost sharing requirement applicable to such drug 
        and participant or beneficiary.
            ``(6) Specified reimbursement amount.--The term `specified 
        reimbursement amount' means, with respect to a drug to be 
        dispensed by a pharmacy to a participant or beneficiary of a 
        group health plan or group health insurance coverage where such 
        pharmacy has in effect a contract with an entity providing 
        pharmacy benefit management services on behalf of such plan or 
        coverage for the dispensing of such drug under such plan or 
        coverage, the amount that such plan or coverage has agreed to 
        pay to such entity for the ingredient costs and any applicable 
        dispensing fee for such drug (or the amount that such plan or 
        coverage has agreed to pay such entity for such drug under any 
        other compensation structure specified by the Secretary), 
        taking into account any cost sharing requirement applicable to 
        such drug and participant or beneficiary.''.
                    (B) Clerical amendment.--The table of contents in 
                section 1 of the Employee Retirement Income Security 
                Act of 1974 is amended by striking the item relating to 
                section 719 and inserting the following new item:

``Sec. 719. Transparency in coverage.''.
    (b) Application Programming Interface Report.--Not later than 
January 1, 2029, and annually thereafter, the Secretary of Health and 
Human Services shall, in consultation with the Office of the National 
Coordinator for Health Information Technology, Department of Labor, the 
Department of the Treasury, and stakeholders, submit to the House 
Committees on Education and the Workforce, Energy and Commerce, and 
Ways and Means, and the Senate Committees on Finance and Health, 
Education, Labor, and Pensions a report on the use of standards-based 
application programming interfaces (in this subsection referred to as 
``APIs'') to facilitate access to health care price transparency 
information and the interoperability of other medical information. Such 
report shall include an evaluation of the capacity of the Department of 
Health and Human Services, the Department of Labor, and the Department 
of the Treasury to regulate and implement standards related to APIs and 
recommendations for improving such capacity. Such report shall include 
the following:
            (1) A description of current use, and proposed use, of APIs 
        under Federal rules to facilitate interoperability, including 
        information related to capacity constraints within the 
        agencies, barriers to adoption, privacy and security, 
        administrative burdens and efficiencies, care coordination, and 
        levels of compliance.
            (2) A description of the feasibility of agency 
        participation in the development of APIs to enable application 
        access to price transparency data under the amendments made by 
        subsection (a).
            (3) A specification of the timeline for which such data 
        standards can be required to make such data accessible via an 
        API.
            (4) An analysis of the benefits and challenges of 
        implementing standards-based APIs for price transparency data, 
        including the ability for consumers to access rate and payment 
        information and the amount of cost-sharing (including 
        deductibles, copayments, and coinsurance) under the consumer's 
        plan through third-party internet-based tools and applications.
            (5) An analysis of the impact that APIs which provide real-
        time access to pricing and cost-sharing information may have in 
        increasing the amount of services shoppable for individuals, 
        such as by standardizing more health care spend via episode 
        bundles.
            (6) An analysis of which health care items and services may 
        be useful under API, such as those for which prices change with 
        the greatest frequency.
            (7) An analysis of the cost of API standards implementation 
        on issuers, employers, and other private-sector entities.
            (8) An analysis of the ability of State regulators to 
        enforce API standards and the costs to the Federal Government 
        and States to regulate and enforce API standards.
            (9) An analysis of the interaction with API standards and 
        Federal health information privacy standards.
    (c) Provider Tool Report.--
            (1) In general.--Not later than 1 year after the date of 
        the enactment of this Act, The Secretary of Health and Human 
        Services, acting through the Administrator of the Centers for 
        Medicare & Medicaid Services, shall, in consultation with 
        stakeholders, conduct a study and submit to the House 
        Committees on Education and the Workforce, Energy and Commerce, 
        and Ways and Means, and the Senate Committees on Finance and 
        Health, Education, Labor, and Pensions a report on the 
        usefulness and feasibility of the establishment of a provider 
        tool by a group health plan, or a health insurance issuer 
        offering group or individual health insurance coverage, in 
        facilitating the provision of information made available 
        pursuant to the amendments made by subsection (a). Such report 
        shall include the following:
                    (A) A description of the feasibility of 
                establishing a requirement for the various types of 
                plans and coverage to offer such a provider tool, 
                including any challenges to establishing a provider 
                tool using the same technology platform as the self-
                service tool described in such amendments.
                    (B) An evaluation on the usefulness of a provider 
                tool to aid patient-decision making and how such tool 
                would coordinate with other information available to a 
                patient and their provider under other Federal 
                requirements in place or under consideration.
                    (C) An evaluation of whether the information 
                provided by such tool would be duplicative of the 
                advanced explanation of benefits required under Federal 
                law or any other existing requirement.
                    (D) A description of the usability and expected 
                utilization of such tool among providers, including 
                among different provider types.
                    (E) An analysis of the impact of a provider tool in 
                value-based care arrangements.
                    (F) An analysis on the potential impact of the 
                provider tool on--
                            (i) patients' out-of-pocket spending;
                            (ii) plan design, including impacts on 
                        cost-sharing requirements;
                            (iii) care coordination and quality;
                            (iv) plan premiums;
                            (v) overall health care spending and 
                        utilization; and
                            (vi) health care access in rural areas.
                    (G) An analysis of the feasibility of a provider 
                tool to include additional functionality to facilitate 
                and improve the administration of the requirements on 
                providers to submit notifications to such plan or 
                coverage under section 2799B-6 of the Public Health 
                Service Act and the requirements on such plan or 
                coverage to provide an advanced explanation of benefits 
                to individuals under section 2799A-1(f) of such Act.
                    (H) An analysis of which health care items and 
                services, would be most useful for providers utilizing 
                a provider tool.
                    (I) An analysis of rulemaking required to ensure 
                such a tool complies with federal health information 
                privacy standards.
                    (J) An analysis of the burden and cost of the 
                creation of a provider tool by plans and coverage on 
                providers, issuers, employers, and other private-sector 
                entities.
                    (K) An analysis of the ability of state regulators 
                to enforce provider tool standards and the costs to the 
                Department and states to regulate and enforce provider 
                tool standards.
            (2) Definition.--The term ``provider tool'' means a tool 
        designed to facilitate the provision of information made 
        available pursuant to the amendments made by subsection (a) and 
        established by a group health plan or a health insurance issuer 
        offering group or individual health insurance coverage that 
        allows providers to access the information such plan or 
        coverage must provide through the self-service tool described 
        in such amendments to an individual with whom the provider is 
        actively treating at the time of such request, upon the request 
        of the provider, and with the consent of such individual.
    (d) Reports.--
            (1) Compliance.--Not later than January 1, 2029, the 
        Comptroller General of the United States shall submit to 
        Congress a report containing--
                    (A) an analysis of compliance with the amendments 
                made by this section;
                    (B) an analysis of enforcement of such amendments 
                by the Secretaries of Health and Human Services, Labor, 
                and the Treasury;
                    (C) recommendations relating to improving such 
                enforcement; and
                    (D) recommendations relating to improving public 
                disclosure, and public awareness, of information 
                required to be made available by group health plans and 
                health insurance issuers pursuant to such amendments.
            (2) Prices.--Not later than January 1, 2029, and biennially 
        thereafter, the Secretaries of Health and Human Services, 
        Labor, and the Treasury shall jointly submit to Congress a 
        report containing an assessment of differences in negotiated 
        prices (and any trends in such prices) in the private market 
        between--
                    (A) rural and urban areas;
                    (B) the individual, small group, and large group 
                markets;
                    (C) consolidated and nonconsolidated health care 
                provider areas (as specified by the Secretary of Health 
                and Human Services);
                    (D) nonprofit and for-profit hospitals;
                    (E) nonprofit and for-profit insurers; and
                    (F) insurers serving local or regional areas and 
                insurers serving multistate or national areas.
    (e) Quality Report.--Not later than 1 year after the date of 
enactment of this subsection, the Secretaries of Health and Human 
Services, Labor, and the Treasury shall jointly submit to Congress a 
report on the feasibility of including data relating to the quality of 
health care items and services with the price transparency information 
required to be made available under the amendments made by subsection 
(a). Such report shall include recommendations for legislative and 
regulatory actions to identify appropriate metrics for assessing and 
comparing quality of care.
    (f) Continued Applicability of Rules for Previous Years.--Nothing 
in the amendments made by subsection (a) may be construed as affecting 
the applicability of the rule entitled ``Transparency in Coverage'' 
published by the Department of the Treasury, the Department of Labor, 
and the Department of Health and Human Services on November 12, 2020 
(85 Fed. Reg. 72158), for any plan year beginning before January 1, 
2029.

SEC. 4. INFORMATION ON PRESCRIPTION DRUGS.

    (a) PHSA.--
            (1) In general.--Part D of title XXVII of the Public Health 
        Service Act is amended by adding at the end the following new 
        section:

``SEC. 2799A-12. INFORMATION ON PRESCRIPTION DRUGS.

    ``(a) In General.--A group health plan or a health insurance issuer 
offering group or individual health insurance coverage shall--
            ``(1) not restrict, directly or indirectly, any pharmacy 
        that dispenses a prescription drug to an enrollee in the plan 
        or coverage from informing (or penalize such pharmacy for 
        informing) an enrollee of any differential between the 
        enrollee's out-of-pocket cost under the plan or coverage with 
        respect to acquisition of the drug and the amount an individual 
        would pay for acquisition of the drug without using any group 
        health plan or health insurance coverage; and
            ``(2) ensure that any entity that provides pharmacy 
        benefits management services under a contract with any such 
        health plan or health insurance coverage does not, with respect 
        to such plan or coverage, restrict, directly or indirectly, a 
        pharmacy that dispenses a prescription drug from informing (or 
        penalize such pharmacy for informing) an enrollee of any 
        differential between the enrollee's out-of-pocket cost under 
        such plan or coverage with respect to acquisition of the drug 
        and the amount an individual would pay for acquisition of the 
        drug without using any group health plan or health insurance 
        coverage.
    ``(b) Definition.--For purposes of this section, the term `out-of-
pocket cost', with respect to acquisition of a drug, means the amount 
to be paid by the enrollee under the plan or coverage, including any 
cost-sharing (including any deductible, copayment, or coinsurance) and, 
as determined by the Secretary, any other expenditure.''.
            (2) Conforming amendment.--Section 2729 of the Public 
        Health Service Act (42 U.S.C. 300gg-29) is amended by adding at 
        the end the following new subsection:
    ``(c) Sunset.--The preceding provisions of this section shall not 
apply beginning on the date of the enactment of this subsection.''.
    (b) ERISA.--
            (1) In general.--Subpart B of part 7 of Subtitle B of title 
        I of the Employee Retirement Income Security Act of 1974 (29 
        U.S.C. 1185 et seq.) is amended by adding at the end the 
        following new section:

``SEC. 727. INFORMATION ON PRESCRIPTION DRUGS.

    ``(a) In General.--A group health plan or a health insurance issuer 
offering group health insurance coverage shall--
            ``(1) not restrict, directly or indirectly, any pharmacy 
        that dispenses a prescription drug to a participant or 
        beneficiary in the plan or coverage from informing (or penalize 
        such pharmacy for informing) a participant or beneficiary of 
        any differential between the participant's or beneficiary's 
        out-of-pocket cost under the plan or coverage with respect to 
        acquisition of the drug and the amount an individual would pay 
        for acquisition of the drug without using any group health plan 
        or health insurance coverage; and
            ``(2) ensure that any entity that provides pharmacy 
        benefits management services under a contract with any such 
        health plan or health insurance coverage does not, with respect 
        to such plan or coverage, restrict, directly or indirectly, a 
        pharmacy that dispenses a prescription drug from informing (or 
        penalize such pharmacy for informing) a participant or 
        beneficiary of any differential between the participant's or 
        beneficiary's out-of-pocket cost under such plan or coverage 
        with respect to acquisition of the drug and the amount an 
        individual would pay for acquisition of the drug without using 
        any group health plan or health insurance coverage.
    ``(b) Definition.--For purposes of this section, the term `out-of-
pocket cost', with respect to acquisition of a drug, means the amount 
to be paid by the participant or beneficiary under the plan or 
coverage, including any cost-sharing (including any deductible, 
copayment, or coinsurance) and, as determined by the Secretary, any 
other expenditure.''.
            (2) Clerical amendment.--The table of contents in section 1 
        of the Employee Retirement Income Security Act of 1974 (29 
        U.S.C. 1001 et seq.) is amended by inserting after the item 
        relating to section 726 the following new item:

``Sec. 727. Information on prescription drugs.''.
    (c) IRC.--
            (1) In general.--Subchapter B of chapter 100 of the 
        Internal Revenue Code of 1986 is amended by adding at the end 
        the following:

``SEC. 9827. INFORMATION ON PRESCRIPTION DRUGS.

    ``(a) In General.--A group health plan shall--
            ``(1) not restrict, directly or indirectly, any pharmacy 
        that dispenses a prescription drug to a participant or 
        beneficiary in the plan from informing (or penalize such 
        pharmacy for informing) a participant or beneficiary of any 
        differential between the participant's or beneficiary's out-of-
        pocket cost under the plan with respect to acquisition of the 
        drug and the amount an individual would pay for acquisition of 
        the drug without using any group health plan or health 
        insurance coverage; and
            ``(2) ensure that any entity that provides pharmacy 
        benefits management services under a contract with any such 
        plan does not, with respect to such plan or coverage, restrict, 
        directly or indirectly, a pharmacy that dispenses a 
        prescription drug from informing (or penalize such pharmacy for 
        informing) a participant or beneficiary of any differential 
        between the participant's or beneficiary's out-of-pocket cost 
        under the plan with respect to acquisition of the drug and the 
        amount an individual would pay for acquisition of the drug 
        without using any group health plan or health insurance 
        coverage.
    ``(b) Definition.--For purposes of this section, the term `out-of-
pocket cost', with respect to acquisition of a drug, means the amount 
to be paid by the participant or beneficiary under the plan, including 
any cost-sharing (including any deductible, copayment, or coinsurance) 
and, as determined by the Secretary, any other expenditure.''.
            (2) Clerical amendment.--The table of sections for 
        subchapter B of chapter 100 of the Internal Revenue Code of 
        1986 is amended by adding at the end the following new item:

``Sec. 9827. Information on prescription drugs.''.

SEC. 5. VERTICAL INTEGRATION ACCOUNTABILITY.

    (a) Required MA and PDP Reporting.--
            (1) MA plans.--Section 1857(e) of the Social Security Act 
        (42 U.S.C. 1395w-27(e)) is amended by adding at the end the 
        following new paragraph:
            ``(6) Required disclosure of certain information relating 
        to health care provider ownership.--
                    ``(A) In general.--For plan year 2028 and for every 
                third plan year thereafter, each applicable MA 
                organization offering an MA plan under this part during 
                such plan year shall submit to the Secretary, at a time 
                and in a manner specified by the Secretary--
                            ``(i) the taxpayer identification number 
                        for each health care provider that was a 
                        specified health care provider with respect to 
                        such organization during such year;
                            ``(ii) the total amount of incentive-based 
                        payments made with respect to such plan year to 
                        such specified health care providers that have 
                        in effect a financial risk arrangement with 
                        respect to such plan year;
                            ``(iii) the total amount of recoupments 
                        collected with respect to such plan year from 
                        such specified health care providers that have 
                        in effect a financial risk arrangement with 
                        respect to such plan year;
                            ``(iv) the total amount of incentive-based 
                        payments made with respect to such plan year to 
                        providers of services and suppliers not that 
                        are not specified health care providers and 
                        that have in effect a financial risk 
                        arrangement with respect to such plan year; and
                            ``(v) the total amount of recoupments 
                        collected with respect to such plan year from 
                        such providers of services and suppliers that 
                        have in effect a financial risk arrangement 
                        with respect to such plan year.
                    ``(B) Definitions.--For purposes of this paragraph:
                            ``(i) Applicable ma organization.--The term 
                        `applicable MA organization' means, with 
                        respect to a plan year, an MA organization with 
                        at least 25,000 individuals enrolled across all 
                        Medicare Advantage plans offered by such 
                        organization during such plan year.
                            ``(ii) Specified health care provider.--The 
                        term `specified health care provider' means, 
                        with respect to an applicable MA organization 
                        and a plan year, a provider of services or 
                        supplier that--
                                    ``(I) is owned by, controlled by, 
                                or related under a common ownership 
                                structure with such MA organization;
                                    ``(II) has in effect a contract 
                                solely with such organization (or with 
                                an entity owned by, controlled by, or 
                                related under a common ownership 
                                structure with such organization (or 
                                that has in effect any comparable 
                                arrangement with such organization)) 
                                for furnishing items and services;
                                    ``(III) is a partner under a 
                                partnership (as defined in section 
                                7701(a)(2) of the Internal Revenue Code 
                                of 1986) with such organization (or 
                                with any an entity owned by, controlled 
                                by, or related under a common ownership 
                                structure with such organization); or
                                    ``(IV) through contract, ownership, 
                                or otherwise--
                                            ``(aa) directly or 
                                        indirectly controls, is 
                                        controlled by, or is under 
                                        common ownership with such 
                                        organization (or with an entity 
                                        owned by, controlled by, or 
                                        related under a common 
                                        ownership structure with such 
                                        organization);
                                            ``(bb) is part of a 
                                        controlled group of 
                                        corporations under section 1563 
                                        of the Internal Revenue Code of 
                                        1986 with such organization (or 
                                        with any such entity);
                                            ``(cc) is a participant in 
                                        a lawful combination under 
                                        which such provider or supplier 
                                        shares substantial financial 
                                        risk in connection with such 
                                        organization's operations (or 
                                        with the operations of any such 
                                        entity); or
                                            ``(dd) part of an 
                                        affiliated service group under 
                                        section 414 of such Code with 
                                        such organization (or with any 
                                        such entity).''.
            (2) Prescription drug plans.--Section 1860D-12(b) of the 
        Social Security Act (42 U.S.C. 1395w-112(b)) is amended by 
        adding at the end the following new paragraph:
            ``(9) Provision of information relating to pharmacy 
        ownership.--
                    ``(A) In general.--For plan year 2028 and for every 
                third plan year thereafter, each PDP sponsor offering a 
                prescription drug plan under this part during such plan 
                year shall submit to the Secretary, at a time and in a 
                manner specified by the Secretary, the taxpayer 
                identification number and National Provider Identifier 
                for each pharmacy that was a specified pharmacy with 
                respect to such plan during such year.
                    ``(B) Definition.--For purposes of this paragraph, 
                the term `specified pharmacy' means, with respect to a 
                prescription drug plan offered by a PDP sponsor and a 
                plan year, a pharmacy that--
                            ``(i) is owned by, controlled by, or 
                        related under a common ownership structure with 
                        such sponsor;
                            ``(ii) has in effect a contract solely with 
                        such sponsor (or with an entity owned by, 
                        controlled by, or related under a common 
                        ownership structure with such sponsor (or that 
                        has in effect any comparable arrangement with 
                        such sponsor)) for dispensing covered part D 
                        drugs;
                            ``(iii) is a partner under a partnership 
                        (as defined in section 7701(a)(2) of the 
                        Internal Revenue Code of 1986) with such 
                        sponsor (or with any an entity owned by, 
                        controlled by, or related under a common 
                        ownership structure with such sponsor); or
                            ``(iv) through contract, ownership, or 
                        otherwise--
                                    ``(I) directly or indirectly 
                                controls, is controlled by, or is under 
                                common ownership with such sponsor (or 
                                with an entity owned by, controlled by, 
                                or related under a common ownership 
                                structure with such sponsor);
                                    ``(II) is part of a controlled 
                                group of corporations under section 
                                1563 of the Internal Revenue Code of 
                                1986 with such sponsor (or with any 
                                such entity);
                                    ``(III) is a participant in a 
                                lawful combination under which such 
                                provider or supplier shares substantial 
                                financial risk in connection with such 
                                sponsor's operations (or with the 
                                operations of any such sponsor); or
                                    ``(IV) part of an affiliated 
                                service group under section 414 of such 
                                Code with such sponsor (or with any 
                                such entity).''.
    (b) Reports on Vertical Integration Under Medicare.--
            (1) In general.--Not later than the first June 15 occurring 
        on or after the date that is 2 years after the Secretary of 
        Health and Human Services first makes available information 
        submitted under sections 1857(e)(6) and 1860D-12(b)(9) of the 
        Social Security Act (as added by paragraphs (1) and (2), 
        respectively, of subsection (a)) to the Medicare Payment 
        Advisory Commission, and again not later than 4 years after the 
        first report is submitted under this paragraph, the Medicare 
        Payment Advisory Commission shall submit to Congress a report 
        on the state of vertical integration in the health care sector 
        during the applicable year with respect to entities 
        participating in the Medicare program under part C of title 
        XVIII of the Social Security Act (42 U.S.C. 1395w-21 et seq.) 
        or part D of such title (42 U.S.C. 1395w-101 et seq.), 
        including health care providers, pharmacies, prescription drug 
        plan sponsors, Medicare Advantage organizations, and pharmacy 
        benefit managers. Such report shall include, to the extent 
        practicable--
                    (A) with respect to Medicare Advantage 
                organizations, the evaluation described in paragraph 
                (2);
                    (B) with respect to prescription drug plans, 
                pharmacy benefit managers, and pharmacies, the 
                comparisons and summary described in paragraph (3);
                    (C) an assessment of the Medicare Advantage 
                organization and PDP sponsor integration information 
                described in paragraph (4); and
                    (D) an analysis of the impact of such integration 
                on health care access, price, quality, and outcomes.
            (2) Medicare advantage organizations.--For purposes of 
        paragraph (1)(A), the evaluation described in this paragraph 
        is, with respect to Medicare Advantage organizations and an 
        applicable year, an evaluation, taking into account patient 
        acuity and the types of areas serviced by such organization, 
        of--
                    (A) the average number of qualifying diagnoses made 
                during such year with respect to enrollees of a 
                Medicare Advantage plan offered by such organization 
                who, during such year, received a health risk 
                assessment from a specified health care provider, 
                compared to the average number of such diagnoses made 
                during such year with respect to enrollees of such plan 
                who, during such year, did not receive such an 
                assessment from such a provider;
                    (B) the average risk score for enrollees of a 
                Medicare Advantage plan who received such an assessment 
                from a specified health care provider during such year 
                compared to the average risk score for enrollees of 
                such plan who did not receive such an assessment from 
                such a provider during such year;
                    (C) any relationship between risk scores for such 
                enrollees receiving such an assessment from such a 
                provider during such year and incentive-based payments 
                made to such providers;
                    (D) the average risk score for enrollees of such 
                plan who received any item or service from a specified 
                health care provider during such year compared to the 
                average risk score for enrollees of such plan who did 
                not receive any item or service from such a provider 
                during such year;
                    (E) any relationship between the risk scores of 
                enrollees under such plan and whether the enrollees 
                have received any item or service from a specified 
                provider; and
                    (F) any relationship between the risk scores of 
                enrollees under such plan that have received any item 
                or service from a specified provider and incentive-
                based payments made under the plan to specified 
                providers.
            (3) Prescription drug plans.--For purposes of paragraph 
        (1)(B), the comparisons and summary described in this paragraph 
        are, with respect to prescription drug plans and an applicable 
        year, the following:
                    (A) For each covered part D drug for which benefits 
                are available under such a plan, a comparison of 
                information about payments submitted with respect to 
                such plan under section 1860D-12(h)(1)(C)(i)(I) of the 
                Social Security Act (42 U.S.C. 1395w-
                112(h)(1)(C)(i)(I)) with respect to specified 
                pharmacies with the same such information about 
                payments submitted by such plan with respect to in-
                network pharmacies that are not specified pharmacies.
                    (B) Comparisons of the following:
                            (i) The total amount paid by pharmacy 
                        benefit managers to specified pharmacies for 
                        covered part D drugs and the total amount so 
                        paid to pharmacies that are not specified 
                        pharmacies for such drugs.
                            (ii) The total amount paid by such sponsors 
                        to specified pharmacy benefit managers as 
                        reimbursement for covered part D drugs and the 
                        total amount so paid to pharmacy benefit 
                        managers that are not specified pharmacy 
                        benefit managers as such reimbursement.
                    (C) A summary of the total manufacturer-derived 
                revenue retained by pharmacy benefit managers and any 
                affiliates of such pharmacy benefit managers (as 
                reported under section 1860D-12(h)(1)(C)(i)(I)(kk) of 
                the Social Security Act (42 U.S.C. 1395w-
                112(h)(1)(C)(i)(I)(kk)).
            (4) Medicare advantage organization and pdp sponsor 
        integration information.--For purposes of paragraph (1)(C), the 
        Medicare Advantage organization and PDP sponsor integration 
        information described in this paragraph is information 
        submitted under sections 1857(e)(6) and 1860D-12(b)(9) of the 
        Social Security Act (as added by paragraphs (1) and (2), 
        respectively, of subsection (a)) and section1860D-12(h) of such 
        Act (42 U.S.C. 1395w-112(h)).
            (5) Definitions.--In this subsection:
                    (A) Applicable year.--The term ``applicable year'' 
                means--
                            (i) with respect to the first report 
                        submitted under paragraph (1), plan year 2028; 
                        and
                            (ii) with respect to the second report 
                        submitted under paragraph (1), plan year 2031.
                    (B) Covered part d drug.--The term ``covered part D 
                drug'' has the meaning given such term in section 
                1860D-2(e) of the Social Security Act (42 U.S.C. 1395w-
                102(e)).
                    (C) Qualifying diagnosis.--The term ``qualifying 
                diagnosis'' means, with respect to an enrollee of a 
                Medicare Advantage plan, a diagnosis that is taken into 
                account in calculating a risk score for such enrollee 
                under the risk adjustment methodology established by 
                the Secretary pursuant to section 1853(a)(3) of the 
                Social Security Act (42 U.S.C. 1305w-23(a)(3)).
                    (D) Risk score.--The term ``risk score'' means, 
                with respect to an enrollee of a Medicare Advantage 
                plan, the score calculated for such individual using 
                the methodology described in subparagraph (E).
                    (E) Specified health care provider.--The term 
                ``specified health care provider'' means, with respect 
                to a Medicare Advantage plan offered by a Medicare 
                Advantage organization, a health care provider that--
                            (i) is owned by, controlled by, or related 
                        under a common ownership structure with such 
                        organization;
                            (ii) has in effect a contract solely with 
                        such organization (or with an entity owned by, 
                        controlled by, or related under a common 
                        ownership structure with such organization (or 
                        that has in effect any comparable arrangement 
                        with such organization)) for furnishing items 
                        and services;
                            (iii) is a partner under a partnership (as 
                        defined in section 7701(a)(2) of the Internal 
                        Revenue Code of 1986) with such organization 
                        (or with any an entity owned by, controlled by, 
                        or related under a common ownership structure 
                        with such organization); or
                            (iv) through contract, ownership, or 
                        otherwise--
                                    (I) directly or indirectly 
                                controls, is controlled by, or is under 
                                common ownership with such organization 
                                (or with an entity owned by, controlled 
                                by, or related under a common ownership 
                                structure with such organization);
                                    (II) is part of a controlled group 
                                of corporations under section 1563 of 
                                the Internal Revenue Code of 1986 with 
                                such organization (or with any such 
                                entity);
                                    (III) is a participant in a lawful 
                                combination under which such provider 
                                or supplier shares substantial 
                                financial risk in connection with such 
                                organization's operations (or with the 
                                operations of any such entity); or
                                    (IV) part of an affiliated service 
                                group under section 414 of such Code 
                                with such organization (or with any 
                                such entity).
                    (F) Specified pharmacy.--The term ``specified 
                pharmacy'' means, with respect to a prescription drug 
                plan offered by a prescription drug plan sponsor, a 
                pharmacy that--
                            (i) is owned by, controlled by, or related 
                        under a common ownership structure with such 
                        sponsor;
                            (ii) has in effect a contract solely with 
                        such sponsor (or with an entity owned by, 
                        controlled by, or related under a common 
                        ownership structure with such sponsor (or that 
                        has in effect any comparable arrangement with 
                        such sponsor)) for dispensing covered part D 
                        drugs;
                            (iii) is a partner under a partnership (as 
                        defined in section 7701(a)(2) of the Internal 
                        Revenue Code of 1986) with such sponsor (or 
                        with any an entity owned by, controlled by, or 
                        related under a common ownership structure with 
                        such sponsor); or
                            (iv) through contract, ownership, or 
                        otherwise--
                                    (I) directly or indirectly 
                                controls, is controlled by, or is under 
                                common ownership with such sponsor (or 
                                with an entity owned by, controlled by, 
                                or related under a common ownership 
                                structure with such sponsor);
                                    (II) is part of a controlled group 
                                of corporations under section 1563 of 
                                the Internal Revenue Code of 1986 with 
                                such sponsor (or with any such entity);
                                    (III) is a participant in a lawful 
                                combination under which such provider 
                                or supplier shares substantial 
                                financial risk in connection with such 
                                sponsor's operations (or with the 
                                operations of any such entity); or
                                    (IV) part of an affiliated service 
                                group under section 414 of such Code 
                                with such sponsor (or with any such 
                                entity).
                    (G) Specified pharmacy benefit manager.--The term 
                ``specified pharmacy benefit manager'' means, with 
                respect to a prescription drug plan offered by a 
                prescription drug plan sponsor, a pharmacy benefit 
                manager that--
                            (i) is owned by, controlled by, or related 
                        under a common ownership structure with such 
                        sponsor;
                            (ii) has in effect a contract solely with 
                        such sponsor (or with an entity owned by, 
                        controlled by, or related under a common 
                        ownership structure with such sponsor (or that 
                        has in effect any comparable arrangement with 
                        such sponsor)) for furnishing pharmacy benefit 
                        management services;
                            (iii) is a partner under a partnership (as 
                        defined in section 7701(a)(2) of the Internal 
                        Revenue Code of 1986) with such sponsor (or 
                        with any an entity owned by, controlled by, or 
                        related under a common ownership structure with 
                        such sponsor); or
                            (iv) through contract, ownership, or 
                        otherwise--
                                    (I) directly or indirectly 
                                controls, is controlled by, or is under 
                                common ownership with such sponsor (or 
                                with an entity owned by, controlled by, 
                                or related under a common ownership 
                                structure with such sponsor);
                                    (II) is part of a controlled group 
                                of corporations under section 1563 of 
                                the Internal Revenue Code of 1986 with 
                                such sponsor (or with any such entity);
                                    (III) is a participant in a lawful 
                                combination under which such provider 
                                or supplier shares substantial 
                                financial risk in connection with such 
                                sponsor's operations (or with the 
                                operations of any such entity); or
                                    (IV) part of an affiliated service 
                                group under section 414 of such Code 
                                with such sponsor (or with any such 
                                entity).

SEC. 6. IMPLEMENTATION FUNDING.

    (a) In General.--For the purposes described in subsection (b), 
there are appropriated, in addition to amounts otherwise available, out 
of amounts in the Treasury not otherwise appropriated--
            (1) to the Secretary of Health and Human Services and the 
        Secretary of the Treasury, $65,000,000 for fiscal year 2027, to 
        remain available through fiscal year 2032; and
            (2) to the Secretary of Labor, $35,000,000 for fiscal year 
        2027, to remain available through fiscal year 2032.
    (b) Permitted Purposes.--The purposes described in this subsection 
are the following purposes, insofar as such purposes are to carry out 
the provisions of, including the amendments made by, this title:
            (1) Preparing, drafting, and issuing proposed and final 
        regulations or interim regulations.
            (2) Preparing, drafting, and issuing guidance and public 
        information.
            (3) Preparing, drafting, and publishing reports.
            (4) Enforcement of such provisions.
            (5) Reporting, collection, and analysis of data.
            (6) Other administrative duties necessary for 
        implementation of such provisions.
    (c) Transparency of Implementation Funds.--Each Secretary described 
in subsection (a) shall annually submit, not later than September 1st 
of each year, to the Committees on Energy and Commerce, on Ways and 
Means, on Education and the Workforce, and on Appropriations of the 
House of Representatives and the Committees on Health, Education, 
Labor, and Pensions, on Finance, and on Appropriations of the Senate a 
report on funds expended pursuant to funds appropriated under this 
section.
                                 <all>