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MS HB1156
Bill
Status
Failed
2/4/2025
Primary Sponsor
Lee Yancey
Click for details
AI Summary
- Removes the exemption for ERISA and self-funded plans from reimbursement rate requirements under Mississippi Code Section 83-9-401
- Requires insurers and third-party administrators to reimburse providers at the higher reimbursement rate if an out-of-state health benefit policy covers a person in Mississippi and that rate exceeds Mississippi's rate
- Mandates that any benefit provided in the state of issuance must also be provided to covered persons in Mississippi
- Authorizes the Commissioner of Insurance to adopt rules and regulations to ensure policyholder protection and compliance
- Takes effect July 1, 2025
Legislative Description
Insurance reimbursement rate for certain out-of-state policies; remove exemptions for.
Last Action
Died In Committee
2/4/2025
Committee Referrals
Insurance1/20/2025
Full Bill Text
No bill text available