Addressing Medical Debt: A Critical Look at the Medical Debt Cancellation Act

Recently proposed legislation, the Medical Debt Cancellation Act, has garnered attention for its promise to alleviate the financial burdens from accumulated medical expenses faced by countless Americans. The Act proposes the cancellation of certain medical debts, providing temporary relief to those overwhelmed by healthcare costs. It is a legislative response to the growing challenge of … Continued

Navigating Hospital Price Transparency: What Employers Need to Know

As healthcare costs rise, transparency in hospital pricing has becomes more consequential. The recent updates to the Hospital Price Transparency Rule provide plan sponsors and claims administrators with essential tools to effectively manage healthcare claims. Understanding the Hospital Price Transparency Rule The Hospital Price Transparency Rule, mandated by the Centers for Medicare & Medicaid Services … Continued