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Legislative Year: 2023 Change
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Bill Detail: SB23-252

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Title Medical Price Transparency
Status Governor Signed (06/02/2023)
Bill Subjects
  • Health Care & Health Insurance
House Sponsors L. Daugherty (D)
A. Hartsook (R)
Senate Sponsors K. Van Winkle (R)
J. Gonzales (D)
House Committee Public and Behavioral Health & Human Services
Senate Committee Health and Human Services
Date Introduced 03/27/2023
Summary

The bill requires hospitals to make public a list of all standard
charges for all hospital items and services provided to patients. The
standard charges include the gross billed charge, the payer-specific
negotiated charge, the minimum and maximum negotiated charges, and
the discounted cash price. The bill also requires each hospital to maintain
and make public a list of at least 300 shoppable services provided by the
hospital or, if the hospital does not provide 300 shoppable services, all of
the hospital's shoppable services. Each hospital is required to report its
updated lists to the department of health care policy and financing (state
department).
The bill requires the state department to monitor hospital
compliance with the price transparency requirements. If the state
department determines that a hospital is not in compliance, the state
department is required to issue a written notice to the hospital and require
the hospital to submit a corrective action plan.
The bill repeals sections of statute regarding hospital price
transparency and debt collection that are currently under the
administration and authority of the department of public health and
environment and relocates these sections so that hospital price
transparency and debt collection are under the state department.
The bill makes a violation of the hospital transparency
requirements outlined in the bill a deceptive trade practice under the
Colorado Consumer Protection Act.

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