Price transparency is a tool that puts power back into the hands of patients—giving them an outlet to shop for services, compare prices, and make more informed decisions about their health. Established federal rules already require hospitals to disclose pricing information. However, a recent review found that only 30% of sampled Wisconsin hospitals were fully compliant with the federal rules. In response, several states have taken bi-partisan action to codify price transparency requirements into state law, including Colorado and Texas. The proposed legislation would build on those efforts.