Bill > SB0264

This bill establishes a new process for healthcare providers participating in the TennCare (Tennessee's Medicaid) program to receive certification for their unreimbursed healthcare costs as charitable contributions. Specifically, eligible healthcare providers, which include individual providers and group practices participating in TennCare, can obtain a certification from TennCare for their unreimbursed costs by paying a $25 annual fee (or $25 per healthcare provider in a group practice) by January 15th each year. The unreimbursed costs are calculated as the difference between 125% of the average federal Medicaid reimbursement rate and the actual TennCare reimbursement rate. TennCare will then provide these providers with a statement of their total charitable contributions by January 31st of the following year, which can potentially be used for tax purposes under federal tax code 26 U.S.C. § 170. The bill allows TennCare to create rules for implementing this process and will take effect for rulemaking immediately, with full implementation beginning July 1, 2025, applying to charitable contributions made on or after that date.

Health and Social Services

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0264&ga=114