SB116 - Alabama Right to Shop Act

• Requires health care providers to disclose estimated costs for in-network services or charges for out-of-network services within two working days upon patient request.

• Mandates health benefit plans establish toll-free numbers and websites to provide enrollees with average pricing for in-network providers and binding cost estimates within two business days.

• Prohibits enrollees from being charged more than the disclosed amounts quoted in binding estimates for covered medically necessary services.

• Requires health benefit plans to pay enrollees 50% of saved costs (up to $7,500 per plan year) if they choose lower-cost in-network providers or out-of-network providers costing less than in-network averages.

• Requires health benefit plans to file annual reports with the Commissioner of Insurance detailing binding estimate requests, cost-saving transactions, and enrollee participation rates by February 1 of each year.