Patients Deserve Price Tags Act

The Patients Deserve Price Tags Act (HR 5582) requires hospitals, clinical diagnostic laboratories, imaging services providers, and ambulatory surgical centers to publicly disclose detailed pricing information for healthcare services. This includes standard charges, discounted cash prices, and payer-specific negotiated rates for each item or service, presented in machine-readable formats and consumer-friendly displays. Implementation deadlines are set for 2026 for hospitals and 2027 for other providers, with civil monetary penalties for non-compliance ranging from $300 per day for smaller facilities to up to $10,000,000 annually for health plans. The legislation aims to increase price transparency so consumers can better understand and compare healthcare costs before receiving services.