CMS Price Transparency Initiative Rule Issued

The Centers for Medicare & Medicaid Services (CMS) along with the Departments of Labor and the Department of the Treasury on October 29, 2020 issued a final rule on price transparency to enable patients to know how much their healthcare will cost in advance and allow them to make fully informed and value-conscious decisions. 

A Fact Sheet can be obtained at https://www.cms.gov/newsroom/fact-sheets/transparency-coverage-final-rule-fact-sheet-cms-9915-f.