HR 9392
Medicare Advantage Cost Transparency Act
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- Passed House
- Passed Senate
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- Became Law
Bill overview
This bill, the Medicare Advantage Cost Transparency Act, aims to increase transparency in Medicare Advantage plans. It requires Medicare Advantage plans to report specific cost information to the government when submitting encounter data, starting in 2027. This data will include the allowed amount for services, the amount of cost-sharing (like deductibles and copays), and whether the plan conducted an at-home health risk assessment before providing a service. The goal is to help beneficiaries better understand the true cost of their care within these plans.
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