Remove 2023 Remove Health Remove Insurance Carriers Remove Out of Pocket Cost
article thumbnail

New Transparency Requirements for Health Plans

AssuredPartners

This rule, entitled Transparency in Coverage, requires group health insurance carriers and self-insured plans to disclose rates and cost-sharing information for all covered items and services. These files must be posted prominently on a public website and be freely accessible.

article thumbnail

New Health Plan Prescription Drug Reporting Mandate

AssuredPartners

For fully insured plans, health insurance carriers will be responsible for making the necessary reporting from a legal standpoint. Filings are not necessary for account-based plans such as Health Reimbursement Arrangements (HRAs) or excepted benefit plans, such as a stand-alone Dental/Vision plan.