Provides for the collection of co-insurance and deductibles by health insurance issuers. (8/1/15)
Impact
If enacted, SB 108 aims to simplify claims processing for healthcare providers by ensuring that payment for services rendered is not contingent upon the collection of co-insurance or deductibles from patients prior to claim processing. This shift may lead to fewer financial interactions between providers and patients on the collection front, thereby streamlining the payment system within healthcare services. More notably, it would ensure that health insurance coverage is the primary mechanism for claim settlements, thereby reinforcing the role of insurance in personal healthcare financing.
Summary
Senate Bill 108 addresses the mechanisms by which health insurance issuers can collect co-insurance and deductible amounts from patients. Specifically, the bill stipulates that health insurance issuers are prohibited from entering agreements with healthcare providers that require these providers to collect co-insurance or deductible payments from insured patients when their health insurance plan includes provisions for high deductibles. This is intended to clarify the obligations of insurers regarding their responsibilities to cover healthcare services without placing additional financial burdens on providers.
Sentiment
Overall, the sentiment surrounding SB 108 is largely positive among healthcare providers who feel burdened by the current expectations placed upon them to collect payments from insured patients. Providers welcome the legislative change as a step towards reducing administrative hassles and fostering smoother financial transactions. However, there may be concerns from insurance companies regarding the implications of modifying traditional payment structures and responsibility to collect dues from patients.
Contention
While SB 108 presents clear advantages for providers, some stakeholders may argue about the implications for patients, particularly those with lower financial means who might still face difficulties in affording care despite the changes. The requirement for insurers to recover these costs from patients may lead to potential conflicts over payment processes. Furthermore, there are discussions surrounding the definitions included within the bill regarding high deductibles, which may vary in interpretation between stakeholders, raising questions about universality and effectiveness.
Requests the Department of Insurance to study the effects on insureds and healthcare providers of the increasing amount of deductibles and coinsurance obligations required by many health insurance products being offered to Louisiana citizens
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 Prohibit Healthcare Insurers From Exercising Recoupment For Payment Of Healthcare Services More Than One Year After The Payment For Healthcare Services Was Made.