Massachusetts S699 restricts unilateral contract changes by insurers with healthcare providers.

Massachusetts S699 amends existing laws to prevent insurers from making unilateral changes to contracts with healthcare providers, except for changes required by law. The bill mandates that any unilateral change must occur after the current contract term and requires written notice to the provider at least 90 days before the change takes effect. The bill also prohibits the commission from entering into contracts that allow termination without notice and from purchasing policies from insurers with such contracts. Insurers must provide written reasons for involuntary disenrollment of providers.

Massachusetts S699 restricts unilateral contract changes by insurers with healthcare providers.

Massachusetts S699 amends existing laws to prevent insurers from making unilateral changes to contracts with healthcare providers, except for changes required by law. The bill mandates that any unilateral change must occur after the current contract term and requires written notice to the provider at least 90 days before the change takes effect. The bill also prohibits the commission from entering into contracts that allow termination without notice and from purchasing policies from insurers with such contracts. Insurers must provide written reasons for involuntary disenrollment of providers.