The bill amends the "Health Care Accessibility and Quality Assurance Act" by adding a new section that mandates healthcare entities or network plans to compile and report to the health insurance commissioner on their claims submission process for in-network outpatient behavioral health services. This includes the use of specific current procedural terminology (CPT) codes, modifiers, or other formal requirements that identify claims related to behavioral health services. The reporting is required before January 1, 2024, and at least annually thereafter, with additional reporting as needed due to changes.

Furthermore, the bill stipulates that contracts between healthcare entities or network plans and providers for in-network outpatient behavioral health services must include a provision for a one-time average rate increase. This increase is to be no less than the percentage increase of the United States Department of Labor All Urban Consumer All Items Less Food and Energy CPI (“CPI-Urban”) as determined by the health insurance commissioner by October 1, 2023, based on the most recently published data, plus an additional five percent (5%). The act is set to take effect upon passage.