Loading chat...
CT SB00249
Bill
Status
Introduced
1/21/2015
Primary Sponsor
Public Health Committee
Click for details
AI Summary
- Establishes binding arbitration process for disputes between hospitals/hospital systems and health insurers regarding network participation contracts effective July 1, 2015
- Requires either party to submit participation disputes to arbitration at least 120 days before contract expiration if agreement cannot be reached for continued participation
- Arbitrator must be mutually selected within 5 days or chosen per American Arbitration Association rules, and must issue binding decision within 45 days after receiving written briefs and hearing evidence
- Arbitrator must select one party's complete proposal on each unresolved issue while considering patient welfare, market conditions, negotiation history, and comparable contracts with other providers/insurers
- If no arbitration is submitted at least 90 days before contract expiration, the contract automatically extends for one additional year with terms modifiable only by mutual agreement; arbitration costs are split equally between parties
Legislative Description
An Act Concerning Disputes Between Hospitals Or Hospital Systems And Health Insurers.
Last Action
Favorable Report, Tabled for the Calendar, Senate
5/12/2015
Committee Referrals
Judiciary5/5/2015
Insurance and Real Estate4/22/2015
Public Health1/21/2015
Full Bill Text
No bill text available