HHS, Labor and Treasury Departments Extend Comment Period for Transparency in Coverage Proposed Rule (CMS-9915-P)
Today, CMS is extending the comment period for the previously released Transparency in Coverage Proposed Rule published on November 27, 2019 by the Department of Health and Human Services, the Department of Labor, and the Department of the Treasury. This proposed rule delivers on President Trump’s Executive Order on Improving Price and Quality Transparency.
The new comment period deadline will be extended by 15 calendar days to January 29, 2020 in response to public feedback and in consideration of the holiday season.
This proposed rule is a historic step toward putting health care price information in the hands of consumers, advancing the Administration’s goal to ensure consumers are empowered with the information they need to make informed health care decisions. The proposals in this rule build on actions the Administration has taken to increase price transparency through hospitals by giving patients tools to access pricing information through their health plans. The Administration has finalized requirements for hospitals to disclose their standard charges, including negotiated rates with third-party payers. The proposals in this rule would bring greater transparency across the health care industry.
Click here for more information: https://www.cms.gov/newsroom/fact-sheets/transparency-coverage-proposed-rule-cms-9915-p