New state law targets surprise medical bills
WHAT: A
"When a patient receives care from an out-of-network provider, the insurer may pay nothing, the full list price (or charge amount), or some amount in between," the
In "A Pandemic
The insured patient receives care from an out-of-network provider in an emergency situation where the patient has no capacity to select the care.
The insured patient receives pre-planned care from an in-network facility, but the services are provided by an out-of-network provider.
A federal law effective
Patients may be admitted to the emergency room of a hospital that partakes in their insurance plan, but when they are there, the patient sometimes receives medical services from an emergency-room doctor who does not participate. That doctor, under the new federal law, cannot bill the patient for their healthcare services.
The new state law addresses balance-billing in non-emergency scenarios. The state law complements the federal one, but it merely stipulates that a healthcare provider divulge whether they partake in their patient's insurance plan a week before carrying out a non-emergency procedure.
According to Mathur, the state law also mandates the following:
Providers to disclose if they are out-of-network prior to the patient's admission.
Providers, upon request, to share the amount that the patient will be charged for admission, a procedure, or a service, including costs for services done by an out-of-network provide.
Providers to notify patients if the patient is being referred to an out-of-network provider
Prohibits providers from billing insured patients in excess of the typical, applicable coinsurance, co-payment, or deductible that would have been charged if services were provided by an in-network provider
Noncompliance with the state law comes with a
"To date, at the state level, 27 states have passed consumer protection laws against surprise medical bills," Mathur writes. "In 2020, five additional states have passed and will enact or have enacted surprise billing legislation."
WHY:
WHEN: The law goes into effect on
WHERE: The commonwealth of
WHO: Healthcare providers, facilities, insurance companies, patients


California Revives Plan For First State Universal Health Care System
Medicaid and Children's Health Insurance Program (CHIP) Generic Information Collection Activities: Proposed Collection; Comment Request
Advisor News
- A hybrid approach outperforms the 4% Rule, researchers find
- The missing piece in most retirement plans
- Clients are bringing TikTok insurance advice into advisor meetings
- Embracing a family-centric approach to financial planning
- Family communication: Financial planning’s growing blind spot
More Advisor NewsAnnuity News
- Cayman Islands premier to meet with U.S. reinsurance regulators
- Investigation finds deceptive sales, churning of annuities targeting postal workers
- Corebridge annuity sales slip ahead of Equitable marriage
- California teachers settle class-action lawsuit over in-plan annuity fees
- Jackson Financial CEO caps 40-year career with blockbuster Q2
More Annuity NewsHealth/Employee Benefits News
- Trump administration finalizes restrictions on Medicaid and CHIP funding for youth gender-affirming care
- Drugmakers, health insurers battle over coupons for high-cost medicine
- Idaho lawmakers look into a hospital insurance dispute
- Manatee County man faces felony charge after $34k disability fraud, deputies say
- ‘You’ll never get that information’: Inside the brutal PBM exam process
More Health/Employee Benefits NewsLife Insurance News
- Symetra Named to PEOPLE® Companies That Care™ List for Second Consecutive Year
- LIMRA: Individual life sales continue growth trend in Q2, led by whole life and VUL
- New York Life Awards 20 Golden Futures Scholarships, Expanding Student Support Through Financial Education and Career Development
- Built to Last: Winston-Salem—a quiet industrial powerhouse
- The silver economy ushers in a new era of life insurance growth
More Life Insurance News