Lexology November 26, 2019
Building on an executive order issued by US President Donald Trump in June, the administration released a pair of broad and inclusive rules aimed at advancing price transparency in healthcare on November 15, 2019. Key themes emerging from the hundreds of pages of price transparency rules impacting hospitals, health plans, and third-party payers include major changes in how health plans, consumers, and providers will interact over the coming years. Whether these changes will lead to price transparency and downward pressure on healthcare pricing or to further confusion is unknown, and it will be left to the courts to determine whether the price transparency rules have gone too far under other legal constructs.
Price Transparency Requirements for Hospitals to Make Standard...