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57
1 respect to health insurance coverage issued before, on, or
2 after such date.
3 SEC. 163. ADMINISTRATIVE SIMPLIFICATION.

4 (a) STANDARDIZING ELECTRONIC ADMINISTRATIVE

5 TRANSACTIONS.—
6 (1) IN GENERAL.—Part C of title XI of the So-
7 cial Security Act (42 U.S.C. 1320d et seq.) is
8 amended by inserting after section 1173 the fol-
9 lowing new section:
10 ‘‘SEC. 1173A. STANDARDIZE ELECTRONIC ADMINISTRATIVE

11 TRANSACTIONS.

12 ‘‘(a) STANDARDS FOR FINANCIAL AND ADMINISTRA-

13 TIVE TRANSACTIONS.—
14 ‘‘(1) IN GENERAL.—The Secretary shall adopt
15 and regularly update standards consistent with the
16 goals described in paragraph (2).
17 ‘‘(2) GOALS FOR FINANCIAL AND ADMINISTRA-

18 TIVE TRANSACTIONS.—The goals for standards

19 under paragraph (1) are that such standards shall—
20 ‘‘(A) be unique with no conflicting or re-
21 dundant standards;
22 ‘‘(B) be authoritative, permitting no addi-
23 tions or constraints for electronic transactions,
24 including companion guides;

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