A New CFO Responsibility – Transparency

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At the end of October of 2020, President Trump released an Executive Order instituting the last of the Affordable Care Act Requirements – group health plan pricing transparency.

The kicker: Even though companies that offer health insurance will have no ability to implement these requirements, the rules assign them direct liability. You can avoid this issue by taking a few specific actions today.

A fair number of you have plans that renew in the second and third quarters of 2021. There are a few things you can do at this renewal to make sure you are protected.

In our opinion, it will be more prudent to negotiate for what you need now, rather than waiting until next year. 

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