The Transparency in Coverage Final Rule, issued by the Centers for Medicare and Medicaid Services, took effect on July 1 after months of implementation delays, according to National Public Radio. Under the new rule, health insurers are required to disclose their pricing for covered services, along with negotiated rates with participating providers and allowed and billed amounts for out-of-network providers. Advocates hope that publicly available pricing will help moderate future healthcare costs.
Rick Good spent ten years in the newspaper business, including with The News & Observer (Raleigh, NC) and The Greenville News (Greenville, SC). He co-wrote, with Melinda Coleman, Rutledge to Riley: Governors of South Carolina, 1776–Present (Published by The Greenville News), and is the author of Mind Games Trivia #1 (Amazon). He has recently spent 15 years creating original trivia content through Sounds Good Mobile Entertainment and continues that with his new company, SGME Software. He edits The Smart Reader’s money, real estate, and business coverage.