CMS Sets Insurers’ Deadlines To Comply With Final Health Care Price Transparency Rule
Coverage transparency reg opposed by industry will gradually begin rollout in 2022
A final Medicare agency rule requiring insurers to reveal coverage prices for device-related procedures and tests will let consumers shop health services.
You may also be interested in...
Health policy changes that President-elect Joe Biden will likely make during his four-year term include Medicaid expansion and a greater reliance on medical science, among others, experts say.
The US Medicare agency wants hospitals to report prices for common hospital procedures based on median Medicare Advantage and other rates in a proposal that the medtech industry believes is anticompetitive.
CMS Hospital Price Transparency Rule To Begin Public Reveal Of Device-Related Procedure Prices, Test Costs In 2021
The US Medicare agency on 15 November released a final cost transparency rule calling on hospitals to detail their standard “shoppable services” charges for X-rays, advanced imaging, laboratory tests and an array of other device-related procedures, beginning on 1 January 2021. Meanwhile, an accompanying proposed rule released by the CMS on the same day would require insurance health plans to provide to participants and beneficiaries the insurers’ negotiated rates for all covered health-care items and services.