January 2022

Medical Bill Price Transparency Changes the Rules of the Game

Beginning January 1, 2022, the Centers for Medicare and Medicaid Services (CMS) will increase the penalty for some hospitals that do not comply with the Hospital Price Transparency final rule. Transparency in Coverage and the No Surprises Act will go into effect, mandating employer plan sponsors and health plans to provide crucial pricing information that could empower consumers to make better-informed decisions about their care.

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