Piggy banks with calculator and stethoscope Though ACHP's plan is scarce on details as to how it would ensure pricing accuracy, it does address one common issue with price estimator tools: getting consumers to use them. (Photo: Shutterstock)

The health care industry has less than a year until a CMS rule requiring hospitals and health systems to post negotiated rates for patient procedures takes effect, and many stakeholders are using that time to do whatever they can to avert its implementation and avoid having to disclose the closely held details of their negotiated rates.

In the latest development, the Alliance of Community Health Plans, a group of non-profit health plans, is proposing a set of guidelines for certifying price estimator tools, which currently can be incredibly confusing for consumers and offer inaccurate price information.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Emily Payne

Emily Payne is director, content analytics for ALM's Business & Finance Markets and former managing editor for BenefitsPRO. A Wisconsin native, she has spent the past decade writing and editing for various athletic and fitness publications. She holds an English degree and Business certificate from the University of Wisconsin.