AN ACT relating to health care price transparency.

Create new sections of KRS Chapter 216B to define terms; require hospitals to disclose prices for certain items and services provided by hospitals; require hospitals to make public a digital list of all standard charges and a consumer-friendly list of charges for a set of shoppable services; require hospitals to provide descriptions of different services and standard charges of those services; require the Cabinet for Health and Family Services to promulgate administrative regulations to establish a template for each hospital; require the cabinet to monitor each facility's compliance; provide for administrative penalties; require health care providers to provide patients with written pricing sheets for health care services provided except in an emergency; require the cabinet to promulgate administrative regulations to establish a template for the written pricing sheets; require the cabinet or the Department for Medicaid Services to seek federal approval if they determine that such approval is necessary to comply with KRS 205.5372(1).