The House Public Health Committee on Wednesday voted in favor of a bill authored by State Rep. Donna Schaibley (R-Carmel) providing Hoosiers with timely, health care pricing information.
According to Schaibley, the legislation would require hospitals and facilities focused on providing outpatient services to disclose estimated costs of treatment.
“Patients deserve to have an idea of how much they will owe for a procedure before it happens to avoid getting hit with unexpected and costly bills later,” Schaibley said. “Our hope is that a more transparent system will provide Hoosiers with the information they need to make informed decisions regarding their health care expenses.”
Schaibley said her bill would also make sure patients get pricing information in a more timely manner. Health care providers and insurance companies would have to let patients know how much money they would owe well in advance of a procedure.
“When Hoosiers seek medical treatment, time is of the essence,” Schaibley said. “Consumers need this information as soon as possible in order to determine the best course of action to take care of their health.”
The bill would also create a statewide All-Payer Claims Database managed by an independent third party. House Bill 1005 now heads to the full House for further consideration. To learn more, visit iga.in.gov.