Massachusetts H5020 prohibits unilateral contract changes in health insurance contracts.
Massachusetts H5020 amends the state's General Laws to prohibit health insurance carriers from including provisions in contracts with healthcare providers that allow for termination without cause or unilateral changes to material terms. The bill mandates that any changes to contract terms must be mutually agreed upon and communicated to the healthcare provider at least 90 days before the effective date. This legislation aims to protect healthcare providers from abrupt contract alterations and ensures transparency in contract modifications.
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