The Transparency in Coverage Proposed Rule aims to give individuals greater access to health care pricing information. The proposals essentially require most group health plans, including self-insured plans, to disclose price and cost-sharing information to participants and beneficiaries. More specifically, not only do these rules require disclosure of cost-sharing estimates, plans would also be required to disclose negotiated rates for in-network providers and allowed amounts paid for out-of-network (OON) providers. Out-of-pocket cost information would be provided through an internet-based self-service tool and in paper format. In-network negotiated rates and allowed amounts for OON providers would be made available through standardized machine-readable files. Industry groups have already voiced disagreement with pricing transparency rules, citing proprietary concerns and consumer confusion, and further pushback is expected from stakeholders given the proposed rule will entail additional costs and administrative burdens. Comments are still being accepted on the proposed rule, and we do not expect an effective date before January 1, 2022. We will keep you updated on significant changes as the rules are finalized.
- Partner
Antoinette Schindel practices in KMK Law's Employee Benefits & Executive Compensation Group. Antoinette regularly advises employers regarding Affordable Care Act (ACA) compliance issues, including health coverage and ...
- Partner
Lisa Wintersheimer Michel is the leader of the Employee Benefits & Executive Compensation Group. Her practice primarily involves all aspects of qualified retirement plans, including profit sharing plans, 401(k) plans ...
Topics/Tags
Select- Labor & Employment Law
- Employment Law
- Non-Compete Agreements
- Coronavirus
- Labor Law
- Pregnancy Discrimination
- Wage & Hour
- Privacy
- National Labor Relations Board
- Department of Labor
- Reasonable Accommodation
- Workplace Accommodations
- NLRB
- FMLA
- Employment Litigation
- Medical Marijuana
- Employee Benefits and Executive Compensation
- Arbitration
- Religion Discrimination
- Workplace Violence
- Discrimination
- Medical Cannabis Dispensaries
- IRS
- Litigation
- Whistleblower
- Disability Discrimination
- Social Media
- Employer Policies
- Americans with Disabilities Act
- United States Supreme Court
- Federal Trade Commission
- Retirement
- Race Discrimination
- OSHA
- Sexual Orientation Discrimination
- National Labor Relations Act
- Accommodation
- ERISA
- Employer Handbook
- EEOC
- ADAAA
- ACA
- Affordable Car Act
- Unions
- Title VII
- Employer Rules
- Sexual Harassment
- Technology
- Federal Arbitration Act
- NLRA
- Transgender Issues
- 401(k)
- Disability
- Employment Settlement Agreements
- Sixth Circuit
- Fair Labor Standards Act
- Equal Employment Opportunity Commission
- Paycheck Protection Program
- Securities Law
- Benefits
- Gender Identity Discrimination
- Posting Requirements
- Class Action Litigation
- Disability Law
- Preventive Care Benefits
- E-Discovery
- Evidence
- Health Savings Account
- SECURE Act
- US Department of Labor Employee Benefits Security Administration
- Family and Medical Leave Act
- Environmental Law
- Privacy Laws
- Overtime Pay
- Representative Election Regulations
- Department of Justice
- Healthcare Reform
- Older Workers' Benefit Protection Act (OWBPA)
- Affirmative Action
- Electronically Stored Information
- Equal Opportunity Clause
- Telecommuting
- Compensable Time
- Occupational Safety and Health Administration
- Security Screening
- Supreme Court
- E-Discovery Case Law
- Electronic Data Discovery
- ESI
- Attendance Policy
- Return to Work
- Seniority Rights
- Unemployment Insurance Integrity Act
- American Medical Association
- Classification
- Confidentiality
- Fair Minimum Wage
- Federal Minimum Wage
- Media Policy
- Misclassification
- State Minimum Wage
- Wage Increase
- Disability Leave
- Equal Pay
- Genetic Information Discrimination
- National Origin Discrimination
- Retaliation
- Social Media Content
- Taxation
- Antitrust
- Employment Incentives
- HIRE Act
- Social Security Tax
Recent Posts
- Federal Trade Commission Announces New Rule Invalidating Non-Compete Agreements
- EEOC Announces Final Rule Providing Guidelines under the PWFA
- The Practical Employment Law Podcast: Immediate Termination
- The Practical Employment Law Podcast: Labor & Employment Law Update February 2024
- The Practical Employment Law Podcast: Telephone Game
- The Practical Employment Law Podcast: Labor & Employment Law Update January 2024
- The Practical Employment Law Podcast: Employment Law Issues to Watch in 2024
- Department of Labor Announces New Independent Contractor Rule to Go into Effect March 11, 2024
- The Practical Employment Law Podcast: The Employment Law Naughty & Nice List
- The Practical Employment Law Podcast: Reefer Madness