Chiropractic Services Insurance Coverage
If enacted, HB 75 would significantly alter how health insurance providers structure cost-sharing for chiropractic services. By defining the limits on copayments and coinsurance in relation to primary care, the bill is expected to enhance the financial accessibility of chiropractic care for patients. This legislative change is seen as a move to integrate chiropractic services into mainstream healthcare, thereby promoting their utilization alongside traditional medical services.
House Bill 75 aims to establish limits on the cost sharing and coinsurance associated with chiropractic physician services. The bill specifically requires that any health insurance policy or health care plan delivered, issued, or renewed in New Mexico may not impose a copayment or coinsurance for chiropractic services that exceeds the copayment or coinsurance imposed for primary care services. This provision seeks to make chiropractic care more accessible and affordable for residents, recognizing its role as part of primary health care.
General sentiment around HB 75 appears to be supportive among those advocating for expanded healthcare access and affordability. Proponents of the bill believe that reducing financial barriers to chiropractic care will improve patient outcomes and lead to better overall health management. However, there may be concerns from insurance companies regarding the implications on their cost structures, which could lead to discussions about potential premium increases or changes in service offerings.
Notable points of contention may arise regarding the bill's implementation and potential effects on insurance market dynamics. Critics might raise concerns about the sustainability of regulating copayments and whether this could result in increased costs elsewhere in the healthcare system. Additionally, stakeholders such as insurance companies may express apprehension about how these regulations could influence their pricing models and coverage decisions in the future.