HR4507-118

Introduced

To amend the Employee Retirement Income Security Act of 1974 to promote transparency in health coverage and reform pharmacy benefit management services with respect to group health plans, and for other purposes.

118th Congress Introduced Jul 10, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Employee Retirement Income Security Act of 1974 to promote transparency in health coverage and reform pharmacy benefit management services with respect to group health plans, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Healthcare, Finance.

Who Benefits and How

federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section HE90BB9056BF14F4BBA87E964A2FA96D8: 1. Short title This Act may be cited as the Transparency in Coverage Act.
  • Section H1DB3F9FE8D1F41B0952DE12E48C07BF5: 2. Promoting group health plan and group health insurance coverage price transparency Section 719 of the Employee Retirement Income Security Act of 1974 (29...
  • Section H80C942D1284243A3895369F7569F57D5: 719. Price transparency requirements A group health plan, and a health insurance issuer offering group health insurance coverage, shall make available to the...
  • Section H72F379ADC4D841D6803BE533AC67C508: 9819. Price transparency requirements A group health plan shall make available to the public accurate and timely disclosures of the following information:...
  • Section H81670F939F2E4A2FBAAB5288190EE868: 2799A–4. Price transparency requirements A group health plan, and a health insurance issuer offering group or individual health insurance coverage, shall make...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Employee Retirement Income Security Act of 1974 to promote transparency in health coverage and reform pharmacy benefit management services with respect to group health plans, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Key Policy Areas

Government Operations, Healthcare, Finance

Primary Purpose

This bill, To amend the Employee Retirement Income Security Act of 1974 to promote transparency in health coverage and reform pharmacy benefit management services with respect to group health plans, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Policy Domains

Government Operations Healthcare Finance

Whole bill

Identified Gains
  • federal agencies and legislative administrators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: rh
federal agencies and legislative administrators: , , , ,
Identified Costs
  • federal implementing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: rh
federal implementing agencies: , , , ,

Legislative Progress

Introduced
Introduced Committee Passed
Jul 10, 2023

Mr. Good of Virginia (for himself and Mr. DeSaulnier) introduced …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Government Operations Healthcare Finance
Actor Mappings
"secretary_of_labor"
→ Secretary of Labor
"secretary_of_treasury"
→ Secretary of the Treasury
"secretary_of_health_and_human_services"
→ Secretary of Health and Human Services

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology