Health Plan Disclosure Of ‘Negotiated’ And ‘Historical Net’ Drug Prices Required In HHS Rule

It’s not quite the rebate rule, but final reg aims for ‘a reduction in the use of rebates and other price concessions’ driven by the transparency requirement and broad definitions. PCMA warns that ‘mandating an increased level of disclosure for this information could result in higher prescription drug prices for consumers.’

Checking counterfeit money light. 100 dollars against the window in his hand. Check for watermark on new hundred dollar bill. translucence of the American currency. (source: shutterstock)
HHS says that price transparency will brig down consumer costs. • Source: Shutterstock

US private insurance plans will be required to publicly report two types of prescription drug prices to enhance consumer understanding of drug costs and their out-of-pocket expenses under a final rule released on 29 October.

Jointly issued by the Departments of Health and Human Services, Labor, and Treasury, the rule on cost-sharing information will go...

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