Panelists: Data Issues or Not, Price Transparency Info Can Be Boon to Employers
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Mar 21, 2025
Price transparency has reemerged as a hot topic after President Donald Trump signed an executive order directing increased enforcement of rules requiring hospitals and health plans to post their negotiated rates. Employers can use this wealth of data from insurers and health systems to design the best benefit plans for their employees — if they use the data correctly — noted the panelists of a March 18 webinar sponsored by Catalyst for Payment Reform, an independent, nonprofit organization.
Before the Transparency in Coverage (TiC) rule went into effect in 2022, employers did not have much pricing data to work with, said Shay Forbes, head of employer solutions with Turquoise Health. “Generally, it’s been nearly impossible for employers to get data” before the transparency rules took effect, he noted during the webinar.
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