| Last Action | to Banking & Insurance (S) |
|---|---|
| Title | AN ACT relating to health care cost transparency. |
| Bill Documents | Introduced |
| Bill Request Number | 1204 |
| Sponsors | T. Buford, C. Embry Jr. |
| Summary of Original Version | Create a new section of Subtitle 17A of KRS Chapter 304 to define "allowed amounts," "service," "program," and "shoppable health care service"; require providers to disclose allowed amounts of the service provided within 2 business days; require insurers to establish an interactive mechanism with payment information made by the insurer to providers and to provide a good-faith estimate of cost to the insured; require an insurer to develop an incentive program that shares cost savings with the insured based on the insured's choice; require the insurer to report information under the program to the Department of Insurance; require the Department of Insurance to report information to the Interim Joint Committee on Banking and Insurance; EFFECTIVE January 1, 2018. |
| Index Headings of Original Version |
Effective Dates, Delayed - Shoppable health service program, January 1, 2018 Insurance, Health - Health benefit plans, shoppable health service program, requirement of Insurance, Health - Insurer, Web site, requirements for Insurance, Health - Insurers, information submitted to the Department of Insurance, annual requirement for Physicians and Practitioners - Patient estimate, requirement of |
| 02/13/17 |
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|---|---|
| 02/14/17 |
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Last updated: 1/16/2019 3:02 PM (EST)