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Tag: Feds

Feds require health plans to report drug costs under new rule

Posted on November 23, 2021 By Sharika Soukup
Feds require health plans to report drug costs under new rule

Payers, employers and other group health plan sponsors must report prescription drug and health coverage costs for consumers under a federal regulation published Wednesday. Plans and issuers must begin reporting information by Dec. 27, 2021 and submit their information each following year by June 1. However, the rule says enforcement actions won’t be taken against…

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