To Prohibit Healthcare Insurers From Exercising Recoupment For Payment Of Healthcare Services More Than One Year After The Payment For Healthcare Services Was Made.
Impact
If enacted, HB1299 would amend Arkansas Code Title 23, Chapter 99, introducing a new subchapter that outlines the parameters for recoupment practices. The bill specifies that recoupment can only occur within 365 days unless a case of fraud against the system is established. By limiting the timeframe for insurers to request refunds, the bill aims to foster a more equitable landscape for healthcare providers, encouraging them to deliver services without the fear of financial repercussions stemming from past claims. This change could have far-reaching implications for the operational practices of both insurers and providers.
Summary
House Bill 1299 proposes a significant change to how healthcare insurers can handle recoupment, or the recovery of payments made for healthcare services. Specifically, the bill prohibits healthcare insurers from exercising recoupment for healthcare services payment more than one year after the payment was made. This provision is designed to provide financial stability for healthcare providers, ensuring that payments made in good faith cannot be retroactively disputed after an extended period. The emphasis is on protecting healthcare providers from undue financial pressure while maintaining necessary insurer oversight.
Contention
While the bill has garnered support from healthcare providers, it may face opposition from insurance companies who argue that loosening recoupment regulations can lead to increases in fraudulent claims or abused systems. The initial provisions set forth in the bill mean that insurers will have less leverage in recovering overpayments based on changing regulations or determinations about the necessity of healthcare services over time. This could result in debates over the balance between protecting healthcare providers and ensuring that insurers can effectively manage their risk and losses.
Notable_points
Key to this bill is the provision that if healthcare services were authorized beforehand, insurers cannot later invalidate the payment based on retrospective decisions about necessity or service levels unless fraud is involved. This protection guarantees that healthcare providers are not penalized for decisions made in accordance with authorization received from insurers. Such stipulations may redefine how contracts are structured between insurers and healthcare providers, placing more emphasis on pre-approval processes and compliance requirements.
To Amend The Prior Authorization Transparency Act; And To Exempt Certain Healthcare Providers That Provide Certain Healthcare Services From Prior Authorization Requirements.
To Amend The Prior Authorization Transparency Act; And To Exempt Certain Healthcare Providers That Provide Certain Healthcare Services From Prior Authorization Requirements.
To Regulate Electronic Medical Records; And To Prohibit A Healthcare Payor That Has Electronic Access To Medical Records From Requesting Medical Records In A Different Format From A Healthcare Provider.
To Amend The Prior Authorization Transparency Act; And To Clarify That A Healthcare Insurer From Out Of State Is Subject To The Prior Authorization Transparency Act If That Healthcare Insurer Has Subscribers In This State.
To Require Consent To The Assignment Of Benefits To A Healthcare Provider; And To Mandate Notice To An Enrollee Of The Assignment Of Benefits To A Healthcare Provider.
To Authorize Physician Assistants To Be Identified As A Treating Provider For Insurance Billing And Claims And To Bill And Receive Payment For Provided Healthcare Services.
To Amend The Prior Authorization Transparency Act; And To Exempt Certain Healthcare Providers That Provide Certain Healthcare Services From Prior Authorization Requirements.
To Amend The Prior Authorization Transparency Act; And To Exempt Certain Healthcare Providers That Provide Certain Healthcare Services From Prior Authorization Requirements.