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Sponsor says HB 589 would bar unilateral material contract amendments by insurers
Summary
Sponsor Representative Adam Matthews told the House Insurance Committee HB 589 requires mutual written consent before a material contract amendment takes effect and extends providers’ time to object from 15 to 30 days; the committee requested quantifying examples and data.
Representative Adam Matthews presented sponsor testimony for House Bill 589, saying the bill is intended to restore "equal legal footing" between health-care providers and insurers by prohibiting unilateral material amendments to provider contracts. "Under this bill, any material amendment cannot take effect unless both parties agree to it and sign that…
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