Remove 2020 Remove Health Insurance Remove Insurance Carriers Remove Out of Pocket Cost
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New Health Plan Prescription Drug Reporting Mandate

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For fully insured plans, health insurance carriers will be responsible for making the necessary reporting from a legal standpoint. Once submitted, the Departments will review the prescription drug and health coverage data to prepare a bi-annual publicly available report on prescription drug prices.

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New Transparency Requirements for Health Plans

AssuredPartners

The Transparency in Coverage Final Rule On October 29, 2020, the U.S. Departments of Health and Human Services, Labor and the Treasury (together, the Departments) issued a final rule under the Patient Protection and Affordable Care Act (PPACA) and in furtherance of an executive order issued in 2019.