Fierce Health Payers July 1, 2020
A group of Republican senators introduced legislation Tuesday intended to enshrine two controversial price transparency rules into law and negate legal challenges from payers and providers.
The bill called the Health Care PRICE Transparency Act codifies a rule that requires hospitals to post payer-negotiated rates for shoppable services and another rule that requires insurers to post online negotiated rates for in-network providers and allowed amounts for out-of-network providers.
“An extra dose of transparency will bring more accountability and competition to the healthcare industry,” Sen. Chuck Grassley, R-Iowa, one of the bill’s co-sponsors, said in a statement.
The bills comes a week after hospital groups seeking to shut down the rule lost in court. A federal judge ruled that the Centers...
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