AN ACT relating to hospital price transparency.

Create new sections of KRS Chapter 216B to define terms; require hospitals to maintain a publicly available chargemaster of all standard charges, in dollar amounts, and descriptions for all standard facility items or services; require the Cabinet for Health and Family Services to promulgate administrative regulations to establish a template for each facility to use to create the chargemaster, monitor each facility's compliance, and provide administrative penalties; prohibit collective action of debt for noncompliant facilities.