Illinois SB3707 regulates vision benefit managers to ensure fair practices and patient access.

Illinois SB3707, the Vision Benefit Manager Care Plan Regulation Act, mandates that vision benefit managers register with the Department of Insurance and adhere to specific guidelines. The bill prohibits managers from requiring providers to opt in or out of certain provisions, restricts the use of extrapolation in audits, and mandates timely credentialing decisions. It also ensures that providers cannot be penalized for refusing to accept terms that violate the Act and prevents retaliation against providers who exercise their rights.

Illinois SB3707 regulates vision benefit managers to ensure fair practices and patient access.

Illinois SB3707, the Vision Benefit Manager Care Plan Regulation Act, mandates that vision benefit managers register with the Department of Insurance and adhere to specific guidelines. The bill prohibits managers from requiring providers to opt in or out of certain provisions, restricts the use of extrapolation in audits, and mandates timely credentialing decisions. It also ensures that providers cannot be penalized for refusing to accept terms that violate the Act and prevents retaliation against providers who exercise their rights.