Medicare Common Ownership Transparency Act of 2023
This bill requires Medicare Advantage (MA) plans and prescription drug plans (PDPs) to disclose ownership ties to healthcare providers and pharmacies starting in 2025, reporting details like taxpayer IDs and financial transactions. MA plans must share data on payments to providers they control, while PDP sponsors must disclose pharmacy ownership links. The Medicare Payment Advisory Commission (MedPAC) will analyze these relationships every three years, assessing how ownership ties affect healthcare costs, access, and quality. The goal is to increase transparency around how Medicare plan ownership structures may influence care delivery and pricing.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jul 2023
Committee Review
Floor Vote
President
Introduced Jul 25, 2023
Last action Dec 17, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
3
Dec 17, 2024
Committee
Referred to the Subcommittee on Health.
lower
Jul 28, 2023
Committee
Referred to the Subcommittee on Health.
lower
Jul 25, 2023
Committee
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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.
lower
Jul 25, 2023
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Gregory F. Murphy
RRepublican
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