Promote competition and enable consumers

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Question: The policy in question is the Health Plan Price Transparency Rule, finalized by the Department of Health and Human Services (HHS) in October 2020. The objective of this policy is to increase transparency in healthcare pricing, to promote competition and enable consumers to make more informed decisions about their healthcare. It requires most private health plans, including insurers in the individual and group markets, to disclose price and cost-sharing information upfront."

Reference no: EM133707415

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