Dive Brief:
The Trump administration is taking new steps to enforce its price transparency requirements, updating guidance for health insurers and hospitals, and asking for public input on how to boost compliance with existing transparency rules.
The CMS updated its price transparency guidance for hospitals, now requiring them to list “actual prices of items and services, not estimates,” and requested public input on how to ensure data shared is accurate and complete. The departments of Labor, HHS and Treasury also issued a request for information on health plans’ readiness to comply with drug price disclosure requirements.
The multi-agency push to increase oversight of price transparency compliance follows a February executive order from President Donald Trump with the aim of ens