An Act relative to insurer responsibility to the operating budgets of health care oversight entities
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill requires health insurance companies operating in Massachusetts to contribute financially to the Commonwealth’s operating budgets for health care oversight entities. Specifically, insurers will pay an amount to the state to cover estimated expenses of these commissions. The bill aims to ensure that these oversight entities have sufficient funding to carry out their responsibilities. It is similar to other legislation addressing the operating budgets of these agencies.
Key provisions
- Health insurers must contribute to the Commonwealth’s budget.
- The contribution is intended to cover the operating expenses of health care oversight entities.
- The amount to be paid will be based on estimated expenses.
- The bill was referred to the Health Care Financing committee.
- The bill is related to existing legislation concerning health care oversight budgets.
Who is affected
- Health insurance companies
- The Commonwealth of Massachusetts
- Health care oversight entities
Notable changes
- Establishes a funding mechanism for health care oversight entities.
- Requires insurers to directly contribute to the state budget.
- Addresses concerns about the financial sustainability of these oversight agencies.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
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