Standardized Billing and Self-Insured Regulations Take Effect

By Greg Jones, Western Bureau ChiefRegulations intended to streamline medical billing and give California regulators greater oversight of the financial health of self-insured groups are now in effect.The billing regulations, which went into effect on Oct. 15, require the use of a standard billing form and standard bill-review messages.The self-insured regulations, which took effect on Oct. 19, require self-insured groups to provide financial information in March rather than June so regulators can take action before the July 1 start of the policy year.The Office of Self Insurance Plans (OSIP) s...