Establishes a cost savings incentive program for state healthcare plan enrollees.

The bill amends Tennessee Code to establish a cost savings incentive program for enrollees in state healthcare plans. The program, to be set up by January 1, 2026, will reward enrollees for choosing high-quality, lower-cost healthcare services and providers. A third-party vendor will administer the program, providing an online platform with cost and quality information, and counseling services. The vendor will also compile a list of cost-effective services and providers. The Department of Finance and Administration will contract with the vendor and notify enrollees quarterly.

Establishes a cost savings incentive program for state healthcare plan enrollees.

The bill amends Tennessee Code to establish a cost savings incentive program for enrollees in state healthcare plans. The program, to be set up by January 1, 2026, will reward enrollees for choosing high-quality, lower-cost healthcare services and providers. A third-party vendor will administer the program, providing an online platform with cost and quality information, and counseling services. The vendor will also compile a list of cost-effective services and providers. The Department of Finance and Administration will contract with the vendor and notify enrollees quarterly.