Maryland HB697 requires health insurance carriers to report quarterly on their use of artificial intelligence and adverse decisions.

Maryland HB697 mandates that health insurance carriers submit quarterly reports to the Maryland Insurance Commissioner on their use of artificial intelligence or automated decision-making systems. The reports must include details on the creation, deployment, and use of these systems, tests performed to identify bias, and steps taken to address any issues. Additionally, carriers must report on the number and outcomes of grievances filed, the time taken to make decisions, and the monetary value of each grievance decision.

Maryland HB697 requires health insurance carriers to report quarterly on their use of artificial intelligence and adverse decisions.

Maryland HB697 mandates that health insurance carriers submit quarterly reports to the Maryland Insurance Commissioner on their use of artificial intelligence or automated decision-making systems. The reports must include details on the creation, deployment, and use of these systems, tests performed to identify bias, and steps taken to address any issues. Additionally, carriers must report on the number and outcomes of grievances filed, the time taken to make decisions, and the monetary value of each grievance decision.