Kentucky Gov. Steve Beshear may veto a bill unanimously passed in both the state House and Senate that would require Medicaid managed care companies to make prompt payments to hospitals and other providers, according to a report by the Lexington Herald-Leader.
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.
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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.
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