SB0720 - Tennessee: Insurance, Health, Accident, Managed Care Organizations, Medical Occupations

Companion Bill HB0315. Insurance, Health, Accident - Requires notification to provider regarding results of credentialing applications; establishes other requirements in regard to credentialing. - Amends TCA Title 56. Fiscal Summary for SB0720 / *HB0315Increase State Expenditures - Not Significant Potential Impact on Health Insurance premiums (required by Tenn. Code Ann. § 3-2-111): Such legislation will increase premiums because health insurance plans will have to pay providers in-network rates even if the health insurance entity is not a participating organization of the Council on Affordable Quality Healthcare (CAQH). Such is estimated to exceed $100,000. Bill Summary for SB0720 / *HB0315 This bill establishes reimbursement and credentialing requirements for health insurance entities, as follows: (1) A health insurance entity [...]

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