WASHINGTON, Oct. 6 -- Internal Revenue Service has issued a rule called: Transparency in Coverage.
The rule was published in the Federal Register on Oct. 6 by Frank J. Bisignano, Chief Executive Officer, Internal Revenue Service.
Summary: These final rules set forth requirements that amend the regulations under the Public Health Service Act, the Employee Retirement Income Security Act of 1974, and the Internal Revenue Code regarding price transparency reporting requirements for non-grandfathered group health plans and health insurance issuers offering non-grandfathered group and individual health insurance coverage. Specifically, these final rules are intended to improve the standardization, accuracy, and accessibility of public pricing d...