KFF January 13, 2021
A new issue brief summarizes the key requirements for hospitals, insurers, and self-funded employer plans under new federal price transparency rules. As of January 1, 2021, hospitals are required to make payer-negotiated rates for common services available to consumers on an online tool, and for all services in a machine-readable file. A second rule requires insurers in the individual and group markets and self-funded employer plans to make rates and individualized cost-sharing estimates for certain common services...