Big Changes Coming from the Consolidated Appropriations Act and Transparency in Coverage Rules!
Several new laws and regulations will significantly impact group health plans and individual insurance coverage in the coming months. The Consolidated Appropriations Act (CAA) was signed into law December 27, 2020. The CAA contained the No Surprises Act (NSA) and the additional analysis required for Mental Health Parity (MHP). The Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury (collectively, the Departments) issued final “Transparency in Coverage” regulations requiring certain disclosures for group health plans and individual insurance.
Steve Cyboran, Chief Behavioral Officer and Actuary, Wes Rogers, Chief Guidance Officer, at Humaculture, Inc., and attorneys Howard Lapin and Larry Grudzien conduct this free webinar that reviews the requirements for the Consolidated Appropriation Act and the “Transparency in Coverage” regulations.
Visit www.humaculture.com for a table that summarizes the CAA, NSA, MHP, and Transparency in Coverage rules responsible party, applicability, who will enforce the law or rules, and which party is subject to penalties. As of this date, there are still several uncertainties which we expect to be resolved as more guidance is made available by the DOL, HHS, and Treasury.