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Price Transparency Rules Are Quickly Approaching
HUB InternationalLink to more items from this source
[Guidance Overview]
July 22, 2021

"While some conflicting details and implementation dates need to be harmonized, many of these rules are effective January 1, 2022, with some effective sooner.... The legal responsibility for [self-funded] plan compliance falls on the plan itself and its fiduciaries, including the employer ... [E]mployers that sponsor self-funded plans should confirm with their TPAs that they will be handling these requirements. Contractual amendments will likely be required." [Updated Aug. 24, 2021]

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