Reporting on human rights abuses in for-profit healthcare investments

(a) Report to Congress The Secretary of the Treasury shall biennially submit to the Congress written reports on any known accusations, made by community groups, civil society organizations, media, or other credible actors, of human rights abuses at hospitals funded by the private sector arm of the respective bank or the International Finance Corporation, and on actions completed by the private sector arm of any multilateral development bank (as defined in section 1701(c)(4) of the International Financial Institutions Act) to investigate and adequately address or remedy the human rights abuses, and the details of any reforms adopted by the International Finance Corporation to prevent human rights abuses at such a hospital. (b) Advocacy for independent evaluations The Secretary of the Treasury shall instruct the United States Executive Director at each multilateral development bank (as so defined) to use the voice, vote, and influence of the United States to advocate for the independent evaluation groups of the respective bank to undertake independent evaluation of the active and historic investments of the bank in healthcare to determine contribution to universal health coverage, national health system strengthening, and reducing health inequities.