Pennsylvania HB2464 amends insurance laws to standardize claim forms and modify definitions.
Pennsylvania HB2464 amends the Insurance Company Law of 1921 to standardize claim forms for health insurance. The bill requires the development of a uniform claim form for all insurers, the Department of Human Services' public health care coverage program, and health care providers. It mandates the use of this form within 120 days of its development. The bill also modifies definitions related to medical assistance, hospital, and public health care coverage. Additionally, it excludes certain federal and state taxes from premium revenue calculations for medical loss ratio purposes.
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