The record

LegislationLegislation· Dec 2023
HR 5378

Sponsored by Cathy McMorris Rodgers (R)

Lower Costs, More Transparency Act

Would require hospitals, insurers, and pharmacies to disclose health care prices and drug rebate information publicly.

Tradeoff

Would reduce the federal deficit by about $715 million over ten years. The bill's net savings come from lower direct spending on some programs and higher revenues, offset partly by funding for transparency requirements.

What's in it

See official bill text

Reduces the federal deficit by $715 million over 2024-2033 (10 years).

The bill reduces federal spending in some areas while increasing it in others, and raises some revenues while reducing others, with a net effect of $715 million in deficit reduction over the decade.

Estimated Direct Spending and Revenue Effects of H.R. 5378, the Lower Costs, More Transparency Act · Dec 2023

The House passed this bill 320-71 on December 11, 2023, under a motion to . It expired with the 118th Congress without Senate action.

  1. House

    Introduced

    (Sep 8, 2023)

  2. House

    Committee on Energy and Commerce(Sep 8, 2023)

    The bill went to more than one committee at the same time.

  3. House

    On Motion to and Pass, as Amended

    Passed(Roll #708 · Dec 11, 2023)

    320 yeanay 71

Passage votes· Dec 11, 2023· 118th Congress · 2023–2025