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Kaiser Health News: Surprise Federal Drug Rule Directs Insurers to Reveal What They Pay for Prescription Drugs

Harris Meyer
November 19, 2020

HCCI’s President and CEO Niall Brennan was quoted in a Kaiser Health News article on the CMS Transparency in Coverage Final Rule. 

From the article: 

” ‘If the information is presented to consumers so they realize they are paying a higher price without the benefit of the rebates, you’ll get a lot of angry consumers,’ said Niall Brennan, CEO of the Health Care Cost Institute, a nonprofit group that publishes cost data.”

Kaiser Health News: Surprise Federal Drug Rule Directs Insurers to Reveal What They Pay for Prescription Drugs
Surprise Federal Drug Rule Directs Insurers to Reveal What They Pay for Prescription Drugs | Kaiser Health News

A provision the Trump administration tucked into its final rule on health plan price transparency requires telling consumers what they will pay out-of-pocket for drugs and showing them what the plan paid.

https://khn.org/news/article/surprise-federal-drug-rule-directs-insurers-to-reveal-what-they-pay-for-prescription-drugs/?utm_campaign=KHN%3A%20First%20Edition&utm_medium=email&_hsmi=100339382&_hsenc=p2ANqtz-9J0bp5SSAw68CHYGZORtk4XDiLK64TuxqA4bv-7HPtNy26eYwh6jchIKFLYv-f-cYPLSsknYZ8EdwiwqOFsO1xzzje_Q&utm_content=100339382&utm_source=hs_email

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Topics: CMS Drug Spending Prices

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