Here are four things to know.
1. The proposed legislation would make it unlawful for out-of-network providers to bill patients for services provided at an in-network facility, according to the report.
2. Additionally, the measure would establish a system for paying out-of-network providers that insurers would have to comply with, the report notes.
3. The proposed measure is supported by insurance companies, but opposed by medical groups. Insurers contend balance billing is a huge problem, but physicians argue the issue is primarily driven by insurance carriers not paying them enough, The Bulletin reports.
4. One contested point regarding the issue is how much out-of-network providers should be paid for their services, the report states.
For more on this story, read Tara Bannow’s full report in The Bulletin.
More articles on healthcare finance:
CareCredit to acquire Citi Health Card portfolio
Florida nonprofit hospitals may lose some charity care funding under proposed budget
19 recent hospital outlook and credit rating actions
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit