Price transparency rule leads to insurer confusion

And starting Jan. 1, insurers will be required to disclose out-of-pocket costs for 500 common, covered services via online, self-service tools. In 2024, health insurers will need to include personalized information for all medical services.

Eventually, insurance companies may also need to disclose what they pay for prescription drugs, although the government indefinitely delayed that requirement following objections from the Pharmaceutical…