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Transparency and No Surprises Act: Compliance Considerations for Group Health Plans
October 20 @ 3:00 pm - 4:00 pm
The Transparency in Coverage final rule and the Consolidated Appropriations Act of 2021, both passed in late 2020, have imposed significant new compliance obligations upon group health plan sponsors. Join us as we discuss compliance considerations under these recent federal laws. We will begin the presentation with an overview of the transparency requirements, including data disclosures and cost-sharing tools required, along with their applicable effective dates. We will then discuss the No Surprises Act, which imposes surprise billing prohibitions and additional transparency and disclosure requirements. We will also review subsequent regulatory guidance regarding the implementation and enforcement of these provisions. By the end of this presentation, participants should better understand compliance obligations related to these new requirements and action items for group health plan sponsors.