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Insurance department backs law to standardize machine‑readable healthcare price files; carriers ask for dialogue on format

2235311 · February 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Insurance Department proposed legislation to standardize carrier machine‑readable price files by giving the commissioner authority to require a single format so carriers’ federally required files (in‑network negotiated rates, out‑of‑network allowed/paid amounts and prescription‑drug prices) can be aggregated and used for analysis and consumer tools.

The New Hampshire Insurance Department proposed a bill to codify the federal “transparency and coverage” machine‑readable file requirements and to give the commissioner authority to require a single, standard format for carriers to post price data. The department said the federal rule obliges carriers to post three large machine‑readable files (in‑network negotiated rates, out‑of‑network allowed/paid amounts and prescription‑drug negotiated rates/historical net prices) but allows carriers to publish the data in multiple formats; that heterogeneity makes the federal postings difficult to use for statewide analysis or for third‑party tools.

Alex Feldwegle and Jason Aziz of the…

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