This bill establishes a special enrollment period for individuals whose in-network health care provider exits their health benefits plan network during the individual's policy or contract period. The Department of Banking and Insurance is tasked with determining the duration of this enrollment period, which must be at least 30 calendar days. Additionally, health carriers are required to communicate information about this special enrollment period to affected individuals.

The legislation aims to provide covered persons with the opportunity to enroll in a new health plan when their current provider is no longer available, ensuring continuity of care. The bill will take effect 90 days after enactment and will apply to all policies and contracts that are delivered, issued, executed, or renewed after that date.