AGC recently submitted comments to a proposed rulemaking that would establish new transparency requirements on group health plans and health insurers in the individual and group markets. AGC is in favor of increasing transparency for employers and their employees to empower them as health care consumers; however, as markets differ, the approach to transparency for different types of employer-sponsored plans must also differ.
AGC agrees that more information is needed to help both employers and employees make informed decisions regarding health care costs. Employers understand the importance of providing plan enrollees with detailed coverage information and tools. Providing information about health coverage and services, and empowering Americans to use this information to be better consumers of their health care are goals employers share with policymakers. Employers are already providing price transparency information to enrollees through plan documents, enrollment materials and accessible on-line platforms and portals.
For more information, contact Claiborne Guy at claiborne.guy@agc.org or 703-837-5382.