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The purpose of the Durbin Amendment was to lower merchants’ costs of accepting debit cards for customer payments. Up to now, because of technology limitations, online merchants were not...
On August 19, 2022, the Departments of Health and Human Services, Treasury and Labor (the "Departments") issued final rules (the “Final Rules”) incorporating comments received on the interim rules issued in July and October 2021, clarifying some of the requirements set forth in Title I of Division BB of the Consolidated Appropriations Act, 2021 (the "Act") and the interim rules and accounting for relevant federal court rulings. In particular, the Final Rules primarily address three distinct but related topics: (1) eliminating the “rebuttable presumption standard,”...
Title I of Division BB of the Consolidated Appropriations Act, 2021 (the “Act”), and interim final rules issued by the Departments of Health and Human Services, Treasury and Labor (the...
The Departments of Health and Human Services, Treasury, and Labor announced Final Rules for No Surprises Act that incorporate the court’s striking of certain provisions and add a high degree of transparency and balance the interests of the plans and the providers.
Title I of Division BB of the Consolidated Appropriations Act, 2021 (the "Act"), and interim final rules issued by the Departments of Health and Human Services, Treasury and Labor...