This bill amends the Managed Care Law to clarify the responsibilities of health carriers regarding credentialing procedures. Specifically, it states that while health carriers are not required to select a healthcare professional solely based on their compliance with credentialing verification standards, they must bear the costs of any additional programs or certifications they require as part of their credentialing process. The new legal language inserted into RSA 420-J:4, VI emphasizes that the financial responsibility for these additional requirements lies with the health carriers.

The bill does not allocate any funding or authorize new positions, and its fiscal impact is indeterminable. It is expected that the requirement for health carriers to cover these costs may lead to increased insurance premiums, which could affect both state and local revenue through higher Insurance Premium Tax revenues. Additionally, counties and municipalities that purchase health insurance may experience increased costs as a result of this legislation. The bill is set to take effect 60 days after its passage.

Statutes affected:
Introduced: 420-J:4