Kentucky Senate Bill 174 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Republican 2)
Status: Introduced on February 13 2017 - 25% progression, died in committee
Action: 2017-02-14 - to Banking & Insurance (S)
Pending: Senate Banking and Insurance Committee
Text: Latest bill text (Draft #1) [PDF]

Create a new section of Subtitle 17A of KRS Chapter 304 to define "allowed amounts," "service," "program," and "shoppable health care service"; require providers to disclose allowed amounts of the service provided within 2 business days; require insurers to establish an interactive mechanism with payment information made by the insurer to providers and to provide a good-faith estimate of cost to the insured; require an insurer to develop an incentive program that shares cost savings with the insured based on the insured's choice; require the insurer to report information under the program to the Department of Insurance; require the Department of Insurance to report information to the Interim Joint Committee on Banking and Insurance; EFFECTIVE January 1, 2018.

AN ACT relating to health care cost transparency.

Sen. Tom Buford [R]

Sen. C.B. Embry [R]

Date	Chamber	Action
2017-02-14	Senate	to Banking & Insurance (S)
2017-02-13	Senate	introduced in Senate

Type	Source
Summary	http://www.lrc.ky.gov/record/17RS/SB174.htm
Text	http://www.lrc.ky.gov/recorddocuments/bill/17RS/SB174/bill.pdf