Bill > SB774

This bill, known as the Transparency, Reporting, Understanding, Timeliness, and Honesty (TRUTH) in Mental Health Coverage Act, requires health insurance carriers in Maryland to report specific data about their claims and coverage to the Maryland Insurance Commissioner, starting in 2027. The Commissioner will develop standardized templates for this reporting, ensuring consistency across all carriers. This data, which will include details on behavioral health services, medical/surgical services, and provider types, will be made publicly available within five months of receipt through an interactive online dashboard and on a public website, allowing for greater transparency and comparison of health plans. The bill also clarifies definitions for terms like "carrier" and "health benefit plan" by referencing existing law, and it mandates that carriers certify the accuracy of their submitted data.