The No Surprises Act, part of the of the Consolidated Appropriations Act of 2021 will eliminate surprise charges that patients often find on their medical bills. Now health insurers are worried that they won’t be in compliance by the January 2022 deadline. In this week’s roundup we’re sharing three important stories on the No Surprises Act that will breakdown the obligations and hopefully ease the concerns of health insurers.
Understanding the No Surprises Act
There is something surprising happening in the health insurance sector. The No Surprises Act, part of the Consolidated Appropriations Act of 2021 will eliminate some of the surprise charges, that patients often find on their medical bills after they’re discharged. This article from JD Supra breaks down the most important aspects of the Act and touches on the obligations that Plan Sponsors must follow.
You can learn more here.
Concerns About Compliance with the No Surprises Act Affect Nearly All Insurers
While consumers might be pleased about the No Surprises Act, healthcare insurers are concerned that they will not be able to meet the requirements of the Act. According to a recent survey by Zelis, 95 percent of healthcare insurers were concerned about their ability to comply by the deadline of January 1, 2022. In a recent article Matthew Albright, Chief Legislative Affairs Officer at Zelis, shared that “[t]he multiple requirements mandated in these policies will be a very difficult lift for providers and payers. The healthcare industry at large will have to move quickly to understand and implement the data, technology and process requirements necessary to comply.”
Read the article here.
Resources for Unpacking and Understanding the No Surprises Act
With so many health insurers concerned about their ability to be in compliance with the No Surprises Act by the deadline, it’s good to find some resources that will help organizations navigate these requirements. This on-demand webinar takes a step-by-step approach to unpack the Act and explain the major provisions, how they differ from prior proposed bill, the implications for health insurers and how to prepare for the January 1, 2022 deadline.
You can check out the webinar here.
