House Bill 803 Summary

• Prohibits healthcare insurers and contracting entities from requiring healthcare providers to participate in multiple provider networks or health benefit plans as a condition of participation (all-products clause).

• Bans most favored nation clauses that prevent providers from contracting with other insurers at lower rates, require providers to accept lower payments if they contract elsewhere, or require disclosure of reimbursement rates with other entities.

• Requires 90 days' written notice before material amendments to healthcare contracts become effective, unless required by law or accreditation standards, and allows providers to terminate contracts if parties cannot agree on changes.

• Prohibits conditioning payment to providers based on actions of other providers and bans exclusionary contract provisions that prevent providers from contracting with competing insurers.

• Establishes Mississippi Insurance Commissioner enforcement authority with penalties up to $5,000 per violation; effective July 1, 2023, with rules required by December 31, 2022.