Healthcare Transparency Laws: Stay Compliant with Trek Health

Navigate Regulations with Confidence

Healthcare transparency laws, including the Transparency in Coverage Rule, Hospital Price Transparency Rule, and No Surprises Act, are reshaping provider operations. Trek Health’s platform ensures compliance and leverages these regulations for strategic gains. KFF underscores transparency’s role in cost accountability, while NCSL tracks evolving state laws.
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Key Federal Transparency Laws

1. Health Plan Pricing Transparency Rule (CMS)

• Requires health plans to publish machine-readable files with in-network negotiated rates, out-of-network allowed amounts, and actual prescription drug prices paid by plans or pharmacy benefit managers (PBMs), per AHIP.
• Mandates consumer-facing cost estimator tools (500 services by 2023; all services by 2024).
• Supports price shopping and billing clarity, with 2025 updates expanding drug pricing data, per Health Affairs.
• Trek Health’s Role: Our Competitive Market Analysis (CMA) optimizes payer contracts, targeting 15% rate hikes, per AHIP.

2. Hospital Price Transparency Rule (CMS)

• Enforces pricing disclosures in machine-readable and consumer-friendly formats for up to 300 shoppable services, per CMS.
• Noncompliance penalties include fines up to $300 per bed per day, with 50% compliance issues, per HFMA.
• Trek Health’s Role: Benchmarks pricing against local and national peers, per KFF.

3. 2019 Executive Order on Price Transparency (EO 13877)

• Signed June 24, 2019, directing agencies to develop pricing disclosure rules for hospitals and health plans, per Federal Register.
• Led to Hospital and Health Plan Transparency Rules, with $80B in potential savings by 2025, per 2023 analysis.
• Trek Health’s Role: Leverages data for real-time market insights, per HFMA.

4. Making America Healthy Again Executive Order (EO 14221)

• Signed February 25, 2025, enforcing actual (not estimated) prices and standardized data across hospitals and health plans by May 26, 2025, per CMS.
• Targets 27% cost reductions for 500 services, per 2024 report.
• Trek Health’s Role: Ensures compliance and optimizes pricing strategies, per AHA.

5. In-House Drug Transparency Legislation (Proposed)

• Proposed 2025 bill requiring manufacturers and PBMs to disclose net prices and rebates, aligning with CMS’s 2025 drug pricing mandates, per Health Affairs.
• Addresses middlemen markups to lower costs, per KFF.
• Trek Health’s Role: Tracks drug pricing trends for formulary optimization, per AHIP.

6. Executive Order on Lowering Drug Prices (Most Favored Nation)

• Signed May 12, 2025, aligning U.S. drug prices with lower rates in peer nations via the Most Favored Nation (MFN) model, targeting 59–90% price cuts, per KFF.
• Enhances PBM transparency, impacting payer negotiations and formularies, per AHA.
• Trek Health’s Role: Monitors MFN-driven pricing shifts, per HFMA.
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State-Level Regulations

State laws cover network adequacy, out-of-pocket cost transparency, and prior authorization. NCSL provides detailed updates on these regulations, which vary by region and impact providers.
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Trek Health’s Compliance Tools

Trek Health keeps you ahead of regulatory demands:

• Real-Time Updates: Receive alerts on CMS deadlines and enforcement timelines.
• Compliance Monitoring: Identify gaps in pricing files or disclosures, as recommended by HFMA.
• State-Specific Trackers: Monitor regulations by provider type and region, per NCSL.
• Strategic Insights: Use rule summaries to inform financial strategies.

Example (Illustrative): A health system avoided $100K in CMS fines by using Trek Health’s alerts to fix noncompliant pricing files within 48 hours. Examples are illustrative based on industry trends.
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Stay Ahead of Compliance

Stay compliant with Trek Health. Book a Demo or visit our Resources for transparency insights.
‍Source: Stay updated with KFF, NCSL, and AMA.
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Frequently Asked Questions

What is the No Surprises Act?

It protects patients from surprise medical bills, requiring clear estimates, as outlined by AMA.

How do I comply with CMS transparency rules?

Trek Health’s tools monitor pricing files and deadlines to ensure compliance, per CMS.

What are state transparency laws?

States regulate cost transparency and billing disclosures, tracked by NCSL.