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Making Health Care More Affordable: Price Transparency and Eliminating ‘Surprise’ Billing
Just as there are challenges to making health care more affordable, there are many opportunities to reduce costs without compromising care. Hospitals are pursuing these opportunities in variety of ways. Many are tackling the affordability issue already, seeking change that makes sense for them and the communities they serve, and working to improve, price transparency and eliminate ‘surprise’ billing.
Surprise Billing
The No Surprises Act addresses surprise medical billing at the federal level. Most sections of the legislation go into effect on Jan. 1, 2022, and the Departments of Health and Human Services, Treasury, and Labor are tasked with issuing regulations and guidance to implement a number of the provisions.