Bill Text: HI SB1645 | 2025 | Regular Session | Introduced
Bill Title: Relating To Insurance.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2025-01-27 - Referred to HHS, CPN. [SB1645 Detail]
Download: Hawaii-2025-SB1645-Introduced.html
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THE SENATE |
S.B. NO. |
1645 |
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THIRTY-THIRD LEGISLATURE, 2025 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO INSURANCE.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
"§431:14G- Contracts; physicians; fee for service plans. Notwithstanding
any law to the contrary, after December 31, 2025, each new or renewed contract
between a mutual benefit society and a physician for a fee for service plan
shall provide for:
(1) The
reimbursement of the physician's increased overhead costs, cost of living increases,
and increased costs caused by inflation; and
(2) An increase of ten per cent in the rate for reimbursement of services after each five-year period that the physician is in service."
SECTION 2. This Act does not affect rights and duties that matured, penalties that were incurred, and proceedings that were begun before its effective date.
SECTION 3. New statutory material is underscored.
SECTION 4. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
Insurance; Physicians; Contracts; Fee for Service Plans; Reimbursement
Description:
Provides that after 12/31/2025, each new or renewed contract between a mutual benefit society and a physician for a fee for service plan shall provide for: (1) The reimbursement of the physician's increased overhead costs, cost of living increases, and increased costs caused by inflation; and (2) An increase of 10% in the reimbursement rate of services after each 5-year period that the physician is in service.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
