Just when you thought you were finished with that last report.
ERISA-Covered Companies Must Disclose Health Plan Costs
An array of required disclosures
These rules place new transparency obligations on group health plans and health insurance issuers subject to ERISA, including:
Publicly reporting health plan prices for medical and prescription drug services,
Developing cost-sharing tools for plan participants,
Eliminating surprise billing,
Eliminating surprise billing,
Removing gag clauses from health plan contracts, and
Reporting healthcare, pharmacy benefits, and prescription drug costs to the federal government.
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