HB 1291

Bill Subjects

Health, Health Care Costs; Health Insurance Health, Medical Records And Bills Hospitals And Medical Facilities Insurance Generally Insurance, State Department And Agencies

Abstract

Amends the law requiring a hospital to file an annual report with the Indiana department of health: (1) to require that a hospital's report also be filed with the all payer claims data base; and (2) to require a hospital to include in the report additional information concerning the hospital's medical loss ratio, the total funding received by the hospital under the CARES Act, and other matters. Requires the insurance commissioner, when deciding whether to approve a premium rate increase or decrease for an accident and sickness insurance policy or an increase or decrease in the rates to be used by a health maintenance organization (HMO), to consider the median cost sharing for the affected insurance policy or HMO contract, the benefits provided under the policy or contract, the underlying costs of the health services covered by the policy or contract, and other matters.