Plain English Breakdown
The bill summary does not specify if all healthcare not-for-profit corporations will be allowed to file reports electronically or only those providing services under the Memphis Plan Act of 1991.
Health Care Reporting Changes
This bill allows healthcare not-for-profit corporations to file their annual reports electronically with the Tennessee Department of Commerce and Insurance.
What This Bill Does
- Changes a law so that health care not-for-profit groups can now send in their yearly report by email or online instead of on paper.
Who It Names or Affects
- Healthcare not-for-profit corporations providing healthcare services to low-income individuals pursuant to the Memphis Plan Act of 1991
- The Tennessee Department of Commerce and Insurance
Terms To Know
- Not-for-profit corporation
- A company that does not aim to make money for its owners but instead uses any profits to help achieve its goals, like providing healthcare.
- Annual report
- A yearly document a business or organization sends to the government and its members showing how it did over the past year.
Limits and Unknowns
- The bill only applies to not-for-profit corporations providing healthcare services to low-income individuals pursuant to the Memphis Plan Act of 1991.
- It is unclear if other healthcare not-for-profit corporations in Tennessee will be allowed to file reports electronically.