Bill > HB230

This bill mandates increased health care price transparency by requiring hospitals to publicly disclose their standard charges for all items and services in a machine-readable digital format, including gross charges, negotiated rates with insurers (both minimum and maximum, and specific to each insurer), and discounted cash prices. Hospitals must also provide a consumer-friendly list of charges for at least 300 "shoppable services" – those that can be scheduled in advance – detailing descriptions, negotiated rates, discounted cash prices, and billing codes. The Cabinet for Health and Family Services (the "Cabinet") will establish templates for these disclosures, monitor hospital compliance, and can impose administrative penalties for violations, with penalties varying based on hospital size. Additionally, except in emergencies, healthcare providers must give patients a written pricing sheet outlining the services, total expected payment, and how much is expected from the patient versus their insurer. The Cabinet will also create a template for these written pricing sheets. The bill also includes provisions for seeking federal approval if necessary to implement these requirements and avoid loss of federal funds.

Health and Social Services

https://apps.legislature.ky.gov/record/26RS/hb230.html