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


Outdoor Corner: Fishing for Tucker
healthcare Clinics say new medicaid program will force them to cut services
Advisor News
- How much could failure to fund Social Security cost average Americans?
- How can more Americans achieve financial independence?
- Savers vs. spenders: How money management attitudes impact financial confidence
- Demonstrating the value of life insurance to Gen Z
- Poor money habits are a dealbreaker in a new relationship
More Advisor NewsAnnuity News
- Canvas steps into the direct-to-consumer market that has yet to take off
- The next growth phase in life/annuities depends on modernization
- CA judge certifies class action in teachers’ lawsuit over in-plan annuity fees
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
More Annuity NewsHealth/Employee Benefits News
- Why Americans seeking affordable doctor visits and medicines abroad may misjudge healthcare quality
- Gov. Stitt names OHCA interim director
- Iowa health insurers propose premium increases for ACA customers
- Atrium pushes back after State Health Plan leaves healthcare network out of Tier 1
- BUILDING A COMPETITIVE BENEFITS PACKAGE IN 7 EASY WAYS
More Health/Employee Benefits NewsLife Insurance News
- USAA introduces Secure Start whole life program for children
- Best’s Market Segment Report: AM Best Maintains Stable Outlook on South Korea’s Non-Life Insurance Market
- Horace Mann Strengthens Customer Relationships and Accelerates Long-Term Growth Through Transactions with Medical Mutual of Ohio
- Regulators: ‘No firm conclusions’ from first offshore reinsurance filings
- Allianz Life Study Finds Americans Struggle to Shift From Retirement Saving to Spending
More Life Insurance News