Senate Finance Committee
Senator Chuck Hufstetler (R-Rome) led his Committee this afternoon with a hearing on SB 1, a bill authored by Senator Dean Burke (R-Bainbridge) which amends Title 31 to require that entities, that receive state income tax credits and provide self-funded, employer sponsored health insurance not subject to the regulatory authority of the Commissioner of Insurance, must report insurance claims information to the Georgia All-Payer Claims Database. The legislation further requires compliance with the reporting requirement beginning January 1, 2022, as a condition to continued receipt of any such tax credits.
The Committee held a hearing only discussion today on the legislation. Senator Burke explained the legislation on the All-Payer Claims Database initiative which has been adopted in 34 states. The goals are to provide transparency and predictability to improve outcomes and access to healthcare. The claims completed by providers for patients would be translate