Lexology January 17, 2024
Employers that sponsor group health plans need to ensure they are in line with a new annual requirement to vouch that they are complying with a federal price transparency rule.
The reporting requirement was part of the No Surprises Act, which passed in 2021 as part of the Consolidated Appropriations Act. It prohibits group health plans from entering into any agreement that prevents them from providing information on cost or quality of care to enrollees in the plan or referring providers. A health care provider, network or other service provider may place reasonable restrictions on the public disclosure of this information.
The agencies recently provided detailed instructions for submitting the attestation.
If a group health plan missed the 2023 deadline,...
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