On the recordApril 25, 2023
Our bill has been years in the making, and it is a culmination of a lot of bipartisan work and discussions to bring price transparency to the forefront.
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congress.govEditor's note · Context
Rodgers discusses the bipartisan effort behind the price transparency legislation.
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More from Cathy McMorris Rodgers
Apr 25, 2023
A 2020 estimate from the Congressional Budget Office projected $141 billion in savings, and I think that has now been increased to 158 by some more recent studies, $158 billion over the next 10 years, if site-neutral payment reforms were implemented.
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Not only do payment differences in Medicare cost the Government and taxpayers more money, but it costs seniors more because they are paying inflated coinsurance amounts for services that would cost significantly less if provided by a nonhospital-owned practice.
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These actions place substantial financial burdens on Americans that lower their standard of living.
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