Advisory Board July 5, 2022
Under a new federal regulation, health insurers and self-insured employers are now required to publish an itemized list of the prices they pay for most health care services—a move that gives consumers access to online tools that provide cost estimates for around 500 “shoppable” services.
The price transparency trifecta: 5 takeaways from our expert panel
Rule details
In November 2019, HHS proposed the new rule in accordance with an executive order signed by former President Donald Trump, which directed the department to increase price transparency in health care.
Under the rule, all health insurers and self-insured employers are required to publish their negotiated prices paid to in-network providers and hospitals, as well as their allowed rates for out-of-network providers...
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