The bill amends Chapter 42-7.4 of the General Laws, specifically Section 42-7.4-3, to change the date by which the secretary sets the healthcare services funding contribution from January 1, 2016, to July 1, 2023. It introduces a new psychiatry resource network funding requirement, which insurers are obligated to pay in addition to any other fees or assessments. The amendment aims to ensure that insurers contribute to the funding of psychiatric resources without being subject to duplicate payments for contributions made under previous methods.

Additionally, the bill establishes a new Psychiatry Resource Network (PRN) account within the general fund, effective July 1, 2023. This account will support healthcare services such as PediPRN and MomsPRN, along with any future information lines or referral services funded by the department of health. The funding for the PRN account will be sourced from the contributions collected under the new subsection in 42-7.4-3(a)(1)(iv). The PRN account is exempt from indirect cost recovery, and an annual report on the program is required to be submitted to the general assembly. The act will take effect on July 1, 2023. The summary does not specify the exact legal language insertions or deletions, as it is a general overview of the bill's provisions.

Statutes affected:
530  SUB A: 42-7.4-3, 35-4-27
530: 42-7.4-3