What effect does HB 472 and the current administrator rules have on insurers?
While HB 472 and the current administrator rules primarily prescribe requirements for TPAs, they also prescribe a few requirements applicable to insurers. For example, HB 472 and the current administrator rules require an insurer to first ascertain whether a TPA holds the appropriate COA before referring a claim or loss for administration to that TPA. HB 472 and the current administrator rules also prescribe certain contracting, audit, and reporting requirements applicable to insurers.
