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Impact of 2020's Final Transparency Requirements on Employer-Sponsored Health Plans | Alston & Bird

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With the final rule on price transparency, the devil is in the details – all 556 pages’ worth. Our Employee Benefits & Executive Compensation Group provides a way for you to appreciate the initial implications of the rule without having to digest the whole thing.
Transparency: not re-creating the wheel, just making it spin faster
Cost-sharing and required public disclosure of negotiated rates and allowed amounts
Next steps and implications of the Transparency Rule
On October 29, 2020, the Centers for Medicare and Medicaid Services (CMS) along with the Department of Labor (DOL) and Treasury issued a final rule on price transparency to enable patients to accurately predict health care costs in order to make more fully informed and value-conscious decisions. ....

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