Establishes the Health Care Cost Containment and Price Transparency Commission and the Office of Healthcare Affordability and Transparency to monitor.

The bill creates the Health Care Cost Containment and Price Transparency Commission and the Office of Healthcare Affordability and Transparency within the Department of Health. The commission's purpose is to monitor, analyze, and contain health care prices by identifying drivers of health care cost growth, including hospital price growth; establishing and adopting a health care cost growth benchmark and a hospital price growth benchmark; identifying health care entities that exceed the benchmark or benchmarks; and addressing increases in excess of the benchmark or benchmarks through public.

Establishes the Health Care Cost Containment and Price Transparency Commission and the Office of Healthcare Affordability and Transparency to monitor.

The bill creates the Health Care Cost Containment and Price Transparency Commission and the Office of Healthcare Affordability and Transparency within the Department of Health. The commission's purpose is to monitor, analyze, and contain health care prices by identifying drivers of health care cost growth, including hospital price growth; establishing and adopting a health care cost growth benchmark and a hospital price growth benchmark; identifying health care entities that exceed the benchmark or benchmarks; and addressing increases in excess of the benchmark or benchmarks through public.