Requires that every insurer providing health coverage insurance provide every physician or physician group with a complete fee schedule seeing for the maximum allowable reimbursement for each covered service.

Rhode Island Fee Schedule Transparency and Fair Billing Act

This bill would require health insurance companies in Rhode Island to share complete fee schedules with doctors and medical practices. A fee schedule is essentially a list showing the maximum amount an insurer will pay for each specific medical service they cover. Right now, doctors may not always have clear access to this information, which can make it difficult for them to know exactly how much they'll be reimbursed for the care they provide.

The bill primarily affects two groups: health insurance companies and physicians (or physician groups, meaning medical practices with multiple doctors). Insurers would be required to hand over these complete, detailed payment lists to any doctor or practice that works with them. This gives medical providers a clearer picture of what they can expect to be paid for their services before or when they deliver care to patients.

The practical effect could be greater transparency in how healthcare payments work behind the scenes. When doctors have a full view of reimbursement rates, they may be better positioned to manage their practices, negotiate contracts, and understand what services are financially viable to offer. Patients could also indirectly benefit if doctors have better information to work with when making decisions about the care they provide. The bill has been introduced and referred to the House Corporations Committee, meaning it is in the early stages of the legislative process and has not yet been voted on.