The bill amends Section 42-7.4-3 of the General Laws to revise the timeline for healthcare services funding contributions by insurers, changing the effective date from January 1, 2016, to July 1, 2025. It introduces a new funding requirement for the psychiatry resource network, which will be included in the calculation of healthcare services funding contributions alongside existing child and adult immunization and children's health services funding requirements. The bill clarifies that these contributions are to be paid by insurers, with specific provisions for self-insured individuals utilizing third-party administrators.

Additionally, the bill establishes a new section, 23-1-46.2, creating a restricted receipt account known as the "PRN account" within the general fund, designated for funding various mental health services by the Department of Health. It mandates the formation of a PRN advisory committee to oversee funding requirements and resource allocation, while also amending Section 35-4-27 to exempt the PRN account from indirect cost recovery provisions. This legislation aims to enhance Rhode Island's mental health services by ensuring dedicated financial resources for pediatric and maternal mental health programs, with the act set to take effect on July 1, 2025.

Statutes affected:
220: 42-7.4-3, 35-4-27