In July, the Centers for Medicare and Medicaid (CMS) proposed rules that would require all Medicare-participating hospitals to post their negotiated prices for standard health care services.
The proposed rule is intended to increase pricing transparency and help consumers understand the charges they may incur before receiving care.
These are just proposed rules at the moment, which means no changes will be made effective until the rules are finalized. The agency is currently asking for comments on the proposed rule. The deadline for submitting comments is Sept. 27, 2019.
We will continue to monitor and keep you updated on these developments.