Price Transparency Regulations

Dec 2020
Consolidated Appropriations Act of 2021
Amended ERISA to require employer-sponsored health plans to ensure fiduciary responsibility fulfillment.
2021-2024
Hospital Price Transparency Rules
Requires hospitals to publish pricing data and a Patient Estimate Tool.
2022-2025
Transparency in Coverage (TiC)
Requires payers to publish pricing data and a Patient Estimate Tool.
2022-2027
No Surprises Act (NSA)
Requires accurate, up-front Good Faith Estimates and Advanced EOBs.
Price transparency data is the new, dynamic UDS
UDS
  • Broad discounts data

  • Limited to 3-digit zip code

  • Doesn’t pair well with claims data

  • Limited and opaque

  • 18-24 months lag

Price transparency data
  • Granular data

  • Network, provider, and code specific

  • Pairs well with claims data

  • Actual reimbursement data

  • 15-30 day lag

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