6 states with price transparency requirements for payers

Though federal price transparency requirements for payers have been in effect since July 2022, several states moved faster to enact their own requirements and add additional regulations, according to a July 21 analysis from the National Conference of State Legislatures.

Six states with price transparency laws for insurers:

Texas passed legislation in 2021 that is similar to the federal requirements, and also requires payers to provide care cost estimates to members upon request.

Oklahoma passed legislation creating a "Right to Shop" program, which financially incentivizes members to choose low-cost providers and requires participating payers to create a care cost-comparison tool. 

South Dakota, Tennessee, Georgia and Ohio have also passed similar state-level versions of the federal price transparency rule.


Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like