{"id":1964,"date":"2021-12-20T18:16:16","date_gmt":"2021-12-20T18:16:16","guid":{"rendered":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/?p=1964"},"modified":"2022-08-11T18:58:54","modified_gmt":"2022-08-11T18:58:54","slug":"transparency-in-coverage-final-rule","status":"publish","type":"post","link":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/transparency-in-coverage-final-rule\/","title":{"rendered":"Transparency in Coverage Final Rule"},"content":{"rendered":"
Plan sponsors need to be aware of the Department of Labor, U.S. Department of Health and Human Services, and the U.S. Department of the Treasury\u2019s guidelines regarding the implementation of the medical pricing and transparency rules of the Consolidated Appropriations Act, 2021 (CAA, 2021) which needs to be implemented by the plan year beginning on or after January 1, 2022. Among the key aspects of this guidance is the Transparency in Coverage final rule, which addressed plan participants\u2019 access to pricing information through group health plans. Specifically, it requires plans to make information regarding in-network rates and out-of-network costs publicly available. In addition, the CAA, 2021 eliminates \u201csurprise billing\u201d in-group health plans. A “surprise bill” is an unexpected bill from a health care provider or facility. It is particularly important that plan sponsors be aware of deadlines and overlap, explanation of benefits and good faith compliance relating to the CAA, 2021 rule.<\/p>\n