This bill proposes to amend the Arizona Revised Statutes by adding a new section, 36-2904.01, which requires annual reporting from entities with prepaid capitated contracts with the administration. Specifically, these entities must report to various legislative and executive leaders by December 1 each year, detailing the percentage of funds spent in the previous contract year on direct patient care and on administrative costs, broken down by category.
The current law remains unchanged, but the new requirements aim to enhance transparency and accountability regarding the allocation of funds within the Arizona health care cost containment system. The bill emphasizes the need for detailed explanations of administrative expenditures, thereby providing clearer insights into how resources are utilized in the health care system.
Statutes affected: Introduced Version: 36-2904.01