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MGMA applaudes passage of bill that lightens the load for physician practices

Managed Care Weekly Advisor, April 4, 2007

The Medical Group Management Association issued a statement in support of the passage of Colorado's S.B. 79, legislation that addressed fairness and transparency in managed care contracts for physician practices in the state. The bill will:

  • Create standardized contract language between insurers and physicians
  • Require payers to reveal payment terms in plain language and give physician groups advanced notice of contract changes
  • Prevent payers from requiring groups to accept all product clauses in the contract

To read the statement about the legislation from the MGMA click here.