Bill > SB1200

This bill amends Arizona's existing health insurance legislation to expand reporting requirements for proposed health coverage mandates and cost-sharing restrictions. Specifically, the bill modifies sections 20-181 and 20-182 of Arizona Revised Statutes to require more comprehensive analysis when proposing new health insurance mandates or restrictions on cost-sharing. The changes broaden the scope of reporting to include assessments of cost-sharing restrictions alongside existing coverage mandates, and expand the required analytical factors for evaluating proposed changes. The report must now include a more detailed examination of social and financial impacts, such as the effectiveness of proposed treatments, public demand, potential financial hardships, and the broader economic implications for insurers and policyholders. Additionally, the bill requires that an actuary from the American Academy of Actuaries certify the financial impact analysis, and stipulates that the report must address the specific language of the proposed mandate or restriction, rather than relying on similar proposals from other jurisdictions. The bill aims to provide a more rigorous and comprehensive evaluation process for proposed health insurance changes, ensuring that legislators have detailed information about potential consequences before implementing new mandates or cost-sharing restrictions.

Budget and Finance, Government Affairs

https://apps.azleg.gov/BillStatus/BillOverview/82538