Senate Bill 440 amends Tennessee Code Annotated, Title 56, by adding a new section that clarifies the exemption of excepted benefits from the requirement to provide coverage for specific individuals, providers, treatments, services, conditions, or diseases. According to the bill, excepted benefits, as defined in section 56-7-2802, will not be subject to coverage mandates unless such coverage is explicitly required by law.
The bill is set to take effect on July 1, 2025, and will apply to all insurance policies or contracts that are entered into, issued, delivered, amended, or renewed on or after that date. This legislative change aims to streamline the insurance coverage requirements related to excepted benefits, thereby potentially reducing the obligations of insurers in providing coverage for certain conditions or services.