Connecticut House Bill HB05438

Connecticut 2019 Regular Session

• Introduced: 1/16/19
• Refer: 1/16/19

Caption

An Act Requiring Transparent, Accurate And Real-world Data On The True Cost Of Health Care.

Impact

If enacted, HB 05438 would require healthcare providers and organizations to disclose detailed information about their pricing models and the actual costs of procedures and treatments. This measure is intended to foster competition among service providers and potentially reduce healthcare costs for consumers by ensuring that they have access to a comprehensive understanding of their financial responsibilities. The proposed amendments to the general statutes could encourage a more open environment in the healthcare market.

Summary

House Bill 05438, introduced by Representative Bolinsky, seeks to mandate the provision of transparent, accurate, and real-world data concerning healthcare costs to consumers. The primary aim of this legislation is to enhance consumer access to information that would allow them to make informed decisions regarding their healthcare expenses. By requiring clearer disclosures, the bill intends to empower consumers to better understand the true costs associated with their medical services.

Contention

The discussions surrounding HB 05438 may focus on potential challenges regarding the implementation of such transparency measures. Critics might argue that while the intent is to enhance consumer understanding and empower choices, the complexities of healthcare pricing could make it difficult to provide accurate data. There are concerns that the bill could create burdens on smaller healthcare providers who may struggle to comply with these requirements due to limited resources or administrative capacity. Supporters counter that the long-term benefits would outweigh these challenges by ultimately leading to a more consumer-centric healthcare system.