Spotify expected to launch umcomoressed streaming

Spotify is prepping the launch of a lossless audio version of its streaming service, according to The Verge. The new subscription tier is said to be called Spotify Hi-Fi and will offer higher bandwidth lossless audio quality to members.

I believe the price is regular pricing plus $10 per month but I am not sure.  

Does anyone have more info on this new Spotify lossless service?