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MS SB2775
Bill
AI Summary
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Prohibits health insurers and contracting entities from including "all-products clauses" in provider contracts that would force healthcare providers to participate in all of an insurer's networks or plans as a condition of participation in any single plan
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Bans "most favored nation clauses" that restrict providers from offering lower rates to competing insurers or require disclosure of reimbursement rates with other entities
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Requires contracting entities to provide 90 days written notice before implementing material amendments to healthcare contracts, including changes to fees, payment methodologies, or coding guidelines
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Mandates that health care contracts must open for renegotiation at least once every three years, and contracting entities must provide full contract copies within 10 business days of a provider's request
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Requires contracting entities to accept any qualified healthcare provider unless the provider has a significant history of malpractice claims, licensure violations, or has been barred from federal/state health programs, with enforcement by the Department of Insurance and initial rules to be adopted by December 31, 2021
Legislative Description
Healthcare Contracting Simplification Act; create.
Last Action
Died In Committee
2/2/2021