Navigation Links
Governor Strickland Signs House Bill 125 Into Law
Date:3/25/2008

COLUMBUS, Ohio, March 25 /PRNewswire-USNewswire/ -- In a ceremony attended by Ohio's physician leaders, Governor Ted Strickland today signed House Bill 125, one of the most sweeping physician-insurance industry contract reform bills in the country, into law.

The new law, which will take effect in ninety days, is composed of common-sense reforms to bring transparency to the contracting process, fairness in contracting, and a standardized and time-efficient physician credentialing process.

"This new law is a terrific step toward eliminating some of the most bureaucratic, unfair and anti-competitive practices that have been imposed on physicians by Ohio's HMOs and other health insurers," said OSMA President Craig W. Anderson, MD, a Columbus neonatologist. "When this bill takes effect, there will be more balance and fairness in the contracting process between physicians and health insurers."

Dr. Anderson was present at the bill-signing ceremony along with OSMA physician leadership including President-elect Warren Muth, MD and Immediate Past President James M. Sudimack, MD.

Features of the new Healthcare Simplification Law that are beneficial to physicians include:

-- A provision to ensure that physicians will know in advance what they will be paid for their services by having each insurer provide contracting physicians with a copy of their reimbursement rates

-- A ban on the selling or renting of a physician's contract to another company unless the rental is disclosed to the physician and all of the original contract terms between the physician and the insurer are honored

-- A requirement that all insurers use the same physician credentialing form and that they complete the credentialing process in 90 days

-- A prohibition against insurers using predatory clauses in their contracts with physicians which have the effect of forcing physicians to provide services at a lower rate than originally called for in their contract with the insurer

About The OSMA

OSMA is a statewide association representing 20,000 Ohio physicians, residents and medical students. It is dedicated to improving the practice of medicine for physicians, their staff and patients, by advocating their position, saving them time and money, and promoting the medical profession. The OSMA is affiliated with the American Medical Association on the national level and county medical societies on the local level.


'/>"/>
SOURCE Ohio State Medical Association
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Governor Rendell Offers adultBasic Coverage to 35,000 Uninsured Pennsylvanians
2. New Poll Shows Public Distrusts Flawed Healthcare Approach Favored by Governor and Speaker in AB 8
3. Governor Rendell Announces $2.1 Million Investment in Small Transit Vehicles
4. Governor Rendell Proclaims Sept. 9-15 as Senior Community Center Week
5. Michigan Hospitals Receive Governors Award
6. Governor Rendell Appoints Members of Chronic Care Commission as Part of Prescription for PA
7. Los Angeles Area Chamber of Commerce Endorses Governor Schwarzeneggers Health Care Proposal
8. Governor Rendell Announces CHIP Enrollment Clinics at Several Rite Aid Stores
9. $8,000 Winning Bids at Governors Livestock Auction to Benefit College-Bound Youth and Homeless
10. Blue Cross of California and the California Governors Council on Physical Fitness and Sports Launch Live Like a Champion Tour
11. AARP Calls on Governor Schwarzenegger to Discourage Veto of SCHIP Expansion Bill
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/29/2017)... , ... March 29, 2017 , ... Immunotherapy has emerged ... number of cancers and is touted to be the next revolution in our fight ... has been in the form of immune checkpoint inhibitors such as PD-1 and PD-L1 ...
(Date:3/29/2017)... PA (PRWEB) , ... March 29, 2017 , ... The ... W’80, WG’81, and Julie Taffet Moelis, W’81, have made a $10 million gift to ... deferred admission opportunity that will provide a pathway to a Wharton MBA for highly-qualified ...
(Date:3/28/2017)... ... ... Tuesday, March 28, 2017, is the annual American Diabetes Association Alert Day, ... find out if they are at risk for developing Type 2 diabetes. In recognition ... by programming the LAX pylons the color red. Downtown’s U.S. Bank Tower Crown Lights ...
(Date:3/28/2017)... ... March 28, 2017 , ... Resoundant, Inc., the developer of ... Siemens Healthineers annual customer education symposium, a world-class learning conference that offers educational ... 27 - 31, 2017 at the Atlanta Marriott Marquis in Atlanta, Georgia. , ...
(Date:3/28/2017)... Seattle, WA (PRWEB) , ... March 28, 2017 ... ... reach a 22% share of all holidays (IBT World Travel Trends Report). As ... physically challenging, include a range in temperatures, and prolonged sun exposure. In response, ...
Breaking Medicine News(10 mins):
(Date:3/29/2017)... Research and Markets has announced the addition of the ... their offering. ... The ablation device global market is expected to grow at high ... Ablation is the minimally invasive therapeutic tissue excision procedure used ... removal, to the removal of abnormally conducting cardiac tissue in atrial ...
(Date:3/29/2017)... SAN FRANCISCO , March 29, 2017 /PRNewswire/ ... an option agreement with Bionure Farma, S.L. for ... BN201 and to BN119 in the field of ... million plus sales-based royalties. The agreement provides ... stage assets with a differentiated product profile. Under ...
(Date:3/29/2017)... 29, 2017   Royal Philips (NYSE: ... technology, and PathAI, a company that develops artificial ... aim to develop solutions that improve the precision ... other diseases. The partnership aims to build deep ... of artificial intelligence to be applied to massive ...
Breaking Medicine Technology: