By Scott Sinder and Kate Jensen for Leadersedge.com
On Dec. 27, 2020, the “Consolidated Appropriations Act of 2021” was signed into law. The 5,593-page missive includes the “No Surprises Act,” which encompasses a host of new healthcare payment-related initiatives of particular interest to us.
Section 202 of the act dictates that, effective Dec. 27, 2021 (more on that in a moment), a “covered plan” shall not agree to any “contract or arrangement for services” or to any “extension or renewal of such contract or arrangement” with a “covered service provider” unless the new disclosure obligations it imposes have been satisfied.
Read who must make the new requisite disclosures, to whom, and when>>>
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