Schaibley’s bill to provide Hoosiers with more health care cost transparency moves forward

State Rep. Donna Schaibley’s (R-Carmel) bill to provide Hoosiers with more transparency about their health care costs took a step forward Monday with the support of the House Financial Institutions and Insurance Committee.

Schaibley

According to Schaibley, House Bill 1402 would establish the infrastructure to create an All Payer Claims Database, which can be used by consumers to compare health care prices.

“Consumers compare prices for cars, homes and any other major expense they plan on working into their personal budgets,” Schaibley said. “Hoosiers should also be able to do the same when deciding whether to undergo a medical procedure, and this online tool could help them make informed decisions regarding their health care.”

Schaibley’s bill this session comes after a law she sponsored in 2020 provides Hoosiers with health care pricing information at hospitals and outpatient centers. This law also requires providers and insurance companies to disclose estimated costs in advance of the procedure.

HB 1402 now heads to the full House of Representatives for further consideration.

For more information about HB 1402, visit iga.in.gov.