Rhode Island H8309 mandates insurers to provide physicians with a complete fee schedule for maximum reimbursements.

Rhode Island H8309, known as the Fee Schedule Transparency and Fair Billing Act, requires every insurer to publish and provide physicians and physician groups with a complete fee schedule. This schedule lists the maximum allowable reimbursement for each covered service. Insurers must update this information within 30 days of any changes. The Office of the Health Insurance Commissioner oversees compliance and can impose penalties of up to $25,000 for violations. The act aims to ensure fair reimbursement and transparency in billing practices.

Rhode Island H8309 mandates insurers to provide physicians with a complete fee schedule for maximum reimbursements.

Rhode Island H8309, known as the Fee Schedule Transparency and Fair Billing Act, requires every insurer to publish and provide physicians and physician groups with a complete fee schedule. This schedule lists the maximum allowable reimbursement for each covered service. Insurers must update this information within 30 days of any changes. The Office of the Health Insurance Commissioner oversees compliance and can impose penalties of up to $25,000 for violations. The act aims to ensure fair reimbursement and transparency in billing practices.