Bill > S885

This bill introduces new requirements for healthcare and health insurance-related regulations and legislative processes in Massachusetts. Under the first section, state agencies must file a premium impact statement with the secretary of state's office before adopting, amending, or repealing any healthcare or health insurance regulation, detailing how the proposed action might affect health insurance premium rates in the state. The agencies must also provide an opportunity for public input on these impact statements and file an amended statement before finalizing the regulation. The second section mandates that any legislative committee considering healthcare or health insurance bills must first obtain a premium impact statement from the Center for Health Information and Analysis (CHIA), and all such bills must be referred to a study order pending a final report from CHIA. These provisions aim to increase transparency and provide a comprehensive analysis of potential financial impacts on health insurance rates before regulatory or legislative changes are enacted.

Health and Social Services

https://malegislature.gov/Bills/194/S885