A bipartisan group of U.S. senators, led by Sen. Bill Cassidy, R-Louisiana, introduced legislation to combat surprise medical bills on May 16.
The bill, co-sponsored by Sen. Michael Bennet, D-Colorado, would have insurers pay out-of-network doctors and hospitals an amount equal to the difference between what a patient would pay for in-network care, and the median in-network rate for their services.
Sound familiar? That’s because the Colorado Assembly passed its own bill this year aimed at protecting patients from having to pay steep out-of-pocket costs when they receive care they don’t realize isn’t fully covered by insurance.
That bill requires health care providers to warn patients when they’re going out-of-network, and establishes three categories of reimbursement rates to be paid by insurance carriers.