; and (B) ensure that such information is updated not less frequently than annually. (2) Information described For purposes of paragraph (1), the information described in this subsection is, with respect to an applicable laboratory and a specified clinical diagnostic laboratory test, the following: (A) The discounted cash price for such test (or, if no such price exists, the gross charge for such test). (B) If required by the Secretary, the deidentified minimum negotiated rate in effect between such laboratory and any group health plan or group or individual health insurance coverage for such test and the deidentified maximum negotiated rate in effect between such laboratory and any such plan or coverage for such test. (3) Method and format Not later than January 1, 2028, the Secretary shall establish one or more methods and formats for each provider of services and supplier to use in compiling and making public standard charges and prices (as applicable) pursuant to paragraph (1). Any such method and format— (A) may be similar to any template made available by the Centers for Medicare & Medicaid Services as of the date of the enactment of this subsection; (B) shall meet such standards as determined appropriate by the Secretary in order to ensure the accessibility and usability of such charges and prices; and (C) shall be updated as determined appropriate by the Secretary, in consultation with stakeholders. (4) Monitoring compliance The Secretary shall, through notice and comment rulemaking and in consultation with the Inspector General of the Department of Health and Human Services, establish a process to monitor compliance with this subsection. (5) Enforcement (A) In general In the case that the Secretary determines that an applicable laboratory is not in compliance with paragraph (1)— (i) not later than 30 days after such determination, the Secretary shall notify such laboratory of such determination