LB987

Adopt the Vision Benefit Plan Act to regulate insurer and vision benefit manager practices.

LB987 2026 establishes the Vision Benefit Plan Act, setting rules for insurers and vision benefit managers in Nebraska. It mandates transparency in provider agreements, prohibits certain practices like downcoding and bundling, and ensures fair reimbursement. The act also requires insurers to provide detailed explanations for application denials and appeals, and it prohibits retaliation against providers for complaints. It applies to all vision benefit plans and discount plans offered in the state.