Plain English Breakdown
The official source material only specifies changing the time limit for notices and does not provide additional details on updating other parts of Tennessee’s laws or immediate effectiveness beyond becoming a law.
Health Insurance Notice Requirements
This bill changes the notice period health insurance companies must give to healthcare providers about policy changes from 60 days to 65 days.
What This Bill Does
- Changes the time limit for health insurance companies to notify healthcare providers of material changes in provider manuals or reimbursement rules and policies from 60 days to 65 days before those changes take effect.
Who It Names or Affects
- Health insurance companies in Tennessee
- Healthcare providers who work with health insurance companies
Terms To Know
- Provider manual
- A document provided by an insurance company to healthcare providers that outlines the rules and policies for reimbursement.
- Reimbursement rule
- The guidelines set by health insurance companies on how they will pay healthcare providers for services given to patients.
Limits and Unknowns
- Does not specify what happens if the notice is not provided within the new time frame.
- It does not change other aspects of health insurance practices beyond this specific notice requirement.