Requires health plans and their vendors to give plan fiduciaries timely access to claims, pricing, and audit information, and voids contract terms that restrict that access.

• Requires contracts with plan service providers to give fiduciaries access to claims, encounter, and payment documentation within 15 days or a shorter period set by the Secretary of Labor.
• Bars contract terms that limit access to alternative payment formulas, overpayment information, fee disclosures, or the plan's choice of auditor, and voids conflicting provisions.
• Allows the Secretary of Labor to assess civil penalties of up to $10,000 per day for violations and bars indemnifying service providers against those penalties.
• Sets standard claim and remittance file formats and applies to plan years beginning one year after enactment.

• Education and Workforce Committee (House)

Health