Arbitration of Health Insurance Claims
The bill makes changes to the arbitration requirements for out-of-network health insurance claims by requiring the arbitration process to include a batching process, by which multiple claims may be considered jointly and under the same arbitration fee as part of one payment determination in alignment with federal law. The commissioner of insurance is required to promulgate rules that specify the information each insurance carrier is required to submit to a provider with the initial payment of a claim.
(Note: This summary applies to this bill as introduced.)