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Bill: Medical Price Transparency Act

Details

Submitted by[?]: Peace and Labor Party

Status[?]: passed

Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.

Voting deadline: November 4594

Description[?]:

Section 1: Title

This legislation may be cited as the Medical Price Transparency Act.

Section 2: Establishment of Commonwealth Insurance Commissioner

1. The President shall be tasked with appointing a National Insurance Commissioner (NPC), who shall be responsible for overseeing expenses of all medical services and procedures provided in Beluzia, and for reporting cost information to the national health service.

Section 3: Medical price transparency

1. Any licensed healthcare provider in the Beluzia shall be required to annually report the minimum, maximum, and average costs of all procedures for which they bill to the National Insurance Commissioner. The Commissioner shall publish these rates on an online price database.

2. All licensed insurers must file the maximum price at which they reimburse for medical expenses with the National Insurance Commissioner annually. The Commissioner shall publish these rates on an online Maximum Price Portal Database.

3. Attorneys General Offices shall be empowered to investigate healthcare provider billing practices within their borders. They shall be entitled to keep a portion of any improprieties found. Fraudulent providers shall be fined or have their license to practice suspended.

4. It shall be unlawful for a licensed insurer to increase a subscriber's premiums by more than 20% per year. Any annual increase over 12% must be actuarially justified to the National Insurance Commissioner.

Proposals

Debate

These messages have been posted to debate on this bill:

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Voting

Vote Seats
yes
     

Total Seats: 692

no

    Total Seats: 0

    abstain
     

    Total Seats: 58


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