Three of the largest U.S. health insurers are reporting incomplete prices in their Transparency in Coverage (TiC) data, making it difficult for employers to compare costs across health plans, according to new research from Simple Healthcare.
Employers are under more pressure than ever to rein in rising healthcare costs. They need access to transparent price data to make coverage more affordable for the nearly 165 million people covered by employer-sponsored insurance.
Simple Healthcare’s research highlights issues and opportunities with insurers’ TiC data, a powerful tool that—when complete, useable, and accurate—equips employers to negotiate lower-cost healthcare for their employees.
The American Journal of Managed Care
Center Responds to CMS Proposed Rule on Hospital Outpatient Prospective Payment System
The Center offers recommendations to strengthen hospital price transparency, advance site-neutral payment policy, and improve Medicare Advantage data reporting.
Center Responds to RFI on Hospital Price Transparency
The Center offers recommendations to strengthen hospital pricing transparency, establish clearer compliance standards, and enhance market competition through better healthcare data.
Insights from a Discussion of Transparency in Coverage Data
The Center convened experts at AcademyHealth’s ARM to discuss how they are using TiC data to understand healthcare pricing and inform purchasing and policy.