If the governor, who claims the measure would be too costly, vetoes the bill, the legislature could not override the decision before the end of the legislative session, according to the report.
The bill would give the state Department of Insurance authority to mediate disputes between hospitals and managed care companies and penalize the payors for slow reimbursements. The state agencies have reported implementing the law could cost an “indeterminate amount” and require more staffing — mainly because there is such a backlog on claim disputes, according to the report.
More Articles on Medicaid Managed Care:
Moody’s: Hospitals Getting Innovative to Cope With Reform
Vanguard’s Health Plan Salvages Capped Contract With Arizona Medicaid
For-Profit Hospital Stock Report: Week of March 25-29, 2013
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