Texas SB701 amends the Insurance Code to address mediation and arbitration of billing disputes between health benefit plan issuers or administrators.

Texas SB701 amends the Insurance Code to modify the mediation and arbitration process for billing disputes between health benefit plan issuers or administrators and out-of-network facilities. The bill specifies that bad faith participation in mediation, such as failing to provide necessary facts or send an authorized representative, allows the opposing party to request arbitration. The Department of Insurance must select an arbitrator who must make a determination within 30 days of receiving necessary information.

Texas SB701 amends the Insurance Code to address mediation and arbitration of billing disputes between health benefit plan issuers or administrators.

Texas SB701 amends the Insurance Code to modify the mediation and arbitration process for billing disputes between health benefit plan issuers or administrators and out-of-network facilities. The bill specifies that bad faith participation in mediation, such as failing to provide necessary facts or send an authorized representative, allows the opposing party to request arbitration. The Department of Insurance must select an arbitrator who must make a determination within 30 days of receiving necessary information.