Senate Bill No. introduced by C. Pope aims to revise Medicaid services reimbursement by mandating that contracts with non-physician providers include an annual cost of living adjustment provision. The bill amends Section 53-6-125 of the Montana Code Annotated (MCA) to replace the term "Physician" with "Medicaid" services reimbursement. It specifies that the fee for covered services provided by non-physician providers must be adjusted annually based on the consumer price index for similar services, as calculated by the Bureau of Labor Statistics.
Additionally, the bill outlines that the conversion factor for Medicaid services must be increased annually based on the consumer price index for medical care. The adjustments for both physician and non-physician services are intended to ensure that reimbursement rates keep pace with inflation and the cost of living. The effective date for this act is set for July 1, 2025.
Statutes affected: LC Text: 53-6-125
SB0523_1(1): 53-6-125
SB0523_1: 53-6-125