WASHINGTON, Dec. 23 -- Internal Revenue Service has issued a proposed rule called: Transparency in Coverage.
The proposed rule was published in the Federal Register on Dec. 23 by Frank J. Bisignano, Chief Executive Officer, Internal Revenue Service.
Summary: These proposed rules set forth proposed requirements that would amend the regulations under the Public Health Service Act, the Employee Retirement Income Security Act of 1974, and the Internal Revenue Code regarding price transparency reporting requirements for non-grandfathered group health plans and health insurance issuers offering non-grandfathered group and individual health insurance coverage. Specifically, these proposed rules would improve the standardization, accuracy, and ac...