CMS Completes Historic Price Transparency Initiative
October 21, 2020

Today, under President Trump’s leadership, the Centers for Medicare & Medicaid Services (CMS) along with the Departments of Labor and the Department of the Treasury issued a historic final rule on price transparency, helping to ensure every American knows how much their healthcare will cost in advance and allowing them to make fully informed and value-conscious decisions.  The rule requires most private health plans, including group health plans and individual health insurance market plans to disclose pricing and cost-sharing information and fulfills a key element of President Trump’s Executive Order on price and quality transparency.