P4ESC Supports Transparency in Coverage, Provides Compliance Input

Today, the Partnership for Employer-Sponsored Coverage (P4ESC) filed comments on the notice of proposed rulemaking (NPRM) on Transparency in Coverage in a letter to Secretaries Alex Azar, Eugene Scalia and Steven Mnuchin. P4ESC strongly supports progress toward greater transparency in health care.

P4ESC agrees that more information is needed to help both employers and employees make informed decisions regarding health care costs. Employers understand the importance of providing plan enrollees with detailed coverage information and tools. Providing information about health coverage and services, and empowering Americans to use this information to be better consumers of their health care are goals employers share with policymakers. Employers are already providing price transparency information to enrollees through plan documents, enrollment materials and accessible on-line platforms and portals.

Employer-sponsored coverage has been the backbone of our nation’s health system for over seven decades. Employers of all sizes contribute vast resources to their employees and families through the employer-sponsored system. As the payer of coverage, employers have a vested interest in health care quality, value, and system viability. Employers have been on the leading edge of health delivery innovation and modeling for decades. P4ESC is in favor of increasing transparency for employers and their employees to empower them as health care consumers; however, as markets differ, the approach to transparency for different types of employer-sponsored plans must also differ.

Read the Coalition's full comments regarding the NPRM on Transparency in Coverage HERE.