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MS HB1410

Bill

Status

Passed

4/17/2024

Primary Sponsor

Jerry Turner

Click for details

Origin

House of Representatives

2024 Regular Session

AI Summary

  • Requires insurers, subcontractors, third-party administrators, or other payors administering health benefit policies issued in another state to reimburse Mississippi providers at the higher reimbursement rate if the issuing state's rate exceeds Mississippi's rate and the premium was based on the issuing state's benefits and provider network reimbursements.

  • Mandates that any benefit provided in the issuing state must also be provided to covered persons in Mississippi.

  • Exempts ERISA and self-funded plans from these reimbursement and benefit requirements.

  • Authorizes the Commissioner of Insurance to adopt rules and regulations to ensure policyholder protection and compliance.

  • Takes effect July 1, 2024.

Legislative Description

Insurance reimbursement rates; revise certain provisions.

Last Action

Approved by Governor

4/17/2024

Committee Referrals

Insurance3/21/2024
Insurance2/19/2024

Full Bill Text

No bill text available