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Hospital Pricing Information Consistent Between Transparency-In-Coverage Data And Other Commercial Data Sources
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The Transparency in Coverage (TiC) Final Rule, implemented on July 1, 2022, requires the public disclosure of all in-network negotiated rates from commercial health insurance plans. This regulation addresses price transparency from the insurers’ aspect and complements the hospital price transparency rule. Collectively, these two regulations aim to contain the growth of health care spending in the US by promoting price transparency and competition in the health care market.