SB166
Prohibit health insurance, Medicaid electronic claim fees
Current Status: In Senate Committee (Medicaid)
Summary
The bill prohibits health insurers and the Medicaid program from imposing fees for electronic claims submission by healthcare providers. It establishes that no charges, fees, or payment requirements can be levied on providers for electronic fund transfers or remittance advice transactions. The bill also outlines exceptions for certain types of Medicaid providers.
Rationale
The bill supports the reduction of costs associated with healthcare transactions, aligning with the Libertarian principles of economic freedom and minimal government interference. However, it also involves government regulation of fees, which may conflict with the Libertarian emphasis on free markets and minimal state intervention.
Risks and Concerns
- Potential for increased government control over healthcare transactions
- May lead to unintended consequences in the healthcare market