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Price transparency and the No Surprises Act are still in their infancy, but providers and health plans would be smart to comply now to avoid facing unnecessary penalties, warned President Trump’s former Health and Human Services Secretary Alex Azar in a recent virtual summit.
The former policymaker said the wheels set in motion during his term and continued by the Biden administration will continue rolling, one way or another.
“There is no way we’re going backwards on transparency of pricing information,” Azar said during the event. “You can resist this, you could not comply with it. Or you can embrace this and figure out how this can be a competitive advantage for you.”
Experts and federal officials who spoke during...
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