Bill > H1196

This bill requires health insurance companies licensed to operate in the state to be responsible for paying all members' unpaid health insurance deductibles and co-payments, effectively ensuring that healthcare providers receive full compensation even when patients are unable to pay their out-of-pocket expenses. The bill mandates that the Division of Insurance, a state regulatory agency, will develop and implement the specific rules and regulations needed to enforce this requirement. By shifting the financial burden from healthcare providers to insurance companies, the legislation aims to protect medical providers from potential revenue losses due to patients' inability to pay their deductibles and co-payments, which are the portions of medical costs that patients are typically required to pay before their insurance coverage begins to pay for services.

Business and Industry

https://malegislature.gov/Bills/194/H1196