In response to an executive order presented in June 2019, the Department of Labor (DOL), Health and Human Services (HHS) and the Treasury have issued a final rule regarding coverage transparency. The rule imposes new transparency requirements on group health plans and health insurers in the individual and group markets. …
Hospitals Now Required to Disclose Negotiated Prices
On June 23, 2020, District Judge Carl Nichols ruled in favor of the Trump administration’s final rule requiring hospitals to disclose their negotiated prices. This decision comes after a lawsuit filed by the American Hospital Association (AHA) late last year. The suit was an attempt to block the rule’s implementation, …
SOTU and the Employee Benefits Market
On February 4, 2020, President Donald Trump delivered the 2020 State of the Union Address (SOTU) to a joint session of Congress. A series of topics were presented including private healthcare, federal paid family leave and prescription drug cost reform. These items have already made significant impacts on the employee’ …
Hospital Groups Sue Trump Administration Over Pricing Transparency Rule
Four major hospital groups have filed a lawsuit against the Trump administration challenging the rule on healthcare transparency released in November. The rule would require hospitals to disclose their pricing information, including negotiated rates. The Federation of American Hospitals, the American Hospital Association, the Association of American Medical Colleges, the …
Proposed Rule on Healthcare Transparency to Affect Some Employer Plans
On June 24, 2019, President Trump signed an executive order aimed at improving price and quality transparency in healthcare. Click here for more information. On November 15, 2019, the Department of Labor (DOL), Health and Human Services (HHS) and the Treasury (Departments) issued a proposed rule regarding transparency in coverage …
New Rule on Hospital Transparency Effective January 2021
On Friday, November 15, 2019, the Trump administration released its final rule regarding hospital price transparency, which will take effect in 2021. What does this new rule mean? Hospitals will now be required to provide easily accessible billing information to patients. This means having all standard charges available online and …
President Trump Signed Executive Order Intended to Increase Healthcare Price Transparency
On Monday, June 24, 2019, President Donald Trump signed an executive order designed to increase pricing and quality transparency in healthcare. The president’s executive order is the latest move that the Trump administration has taken to address rising healthcare costs. In May 2019, the Department of Health and Human Services …
Transparency and Hidden Fees
By: Carolyn McLaughlin-Smith Transparency in the health insurance business is a continual challenge. At Creative Benefits, we research policies meticulously before signing on the dotted line. But even when we dig deep and anticipate every fee — and pass that information along to policyholders — there are still fees we …