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SB24-163

Arbitration of Health Insurance Claims

Concerning the arbitration requirement for batching out-of-network health insurance claims.
Session:
2024 Regular Session
Subject:
Insurance
Bill Summary

The bill makes changes to the arbitration requirements for out-of-network health insurance claims by requiring the arbitration process to include a batching process, by which multiple claims may be considered jointly and under the same arbitration fee as part of one payment determination in alignment with federal law. The commissioner of insurance is required to promulgate rules that specify the information each insurance carrier is required to submit to a provider with the initial payment of a claim.
(Note: This summary applies to this bill as introduced.)

Status

Introduced
Lost

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Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Sen. D. Roberts
Rep. M. Catlin, Rep. L. Daugherty

Sponsor

Co-sponsor

August 2024 Special Session Deadlines and Guidelines

2024 Special Session Bills Authorized by Sponsors for Pre-release

RFP Conduct the 2025 Colorado Property Assessment Study (submit by 3:00 pm, 9/13/2024)

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details