SB0721 - Tennessee - Insurance, Health, Accident, Managed Care Organizations, Medical Occupations

Companion Bill HB0316. Insurance, Health, Accident - Requires reimbursement of health care provider as an in-network provider for health care services provided if credentialing applications are submitted but not processed and completed within 45 days after receipt of the application. - Amends TCA Title 56. Fiscal Summary for SB0721 / *HB0316Increase State Expenditures - Exceeds $363,000 Increase Local Govt. Expenditures - Exceeds $100,000* Other Fiscal Impact - Increase Federal Expenditures - Exceeds $637,000 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 [...]

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