Webinar: Confidently Navigate New Minnesota Hospital Charity Care Legislation
When: Monday, July 24, 2023 from 12:00 PM to 1:00 PM CDT
http://events.constantcontact.com/register/event?llr=j5nsxufab&oeidk=a07ejv8rvngc8aae55a
On May 24, 2023, Minnesota Governor Tim Walz signed SF 2995 into law, an omnibus bill with provisions that drastically change financial assistance/charity care screening requirements for hospitals throughout the state. The four major changes we will cover in this webinar are:
- Requirements for screening uninsured patients for coverage and charity care eligibility.
- Required updates to financial assistance/charity care policies, application forms, and documentation requirements.
- Requirements for screening ALL PATIENTS for charity care eligibility before the hospital can pursue normal billing practices such as offering payment plans, accepting credit card payments, or sending accounts to collection agencies.
- Limitation on charges for uninsured patients in households with income below $125,000 per year.
As a result, all Minnesota hospitals should:
- Review their financial assistance policies and procedures to ensure compliance with the new law.
- Simplify and streamline their financial assistance/charity care application forms, documentation requirements, and application review procedures to avoid a significant increase in labor burden.
- Develop a proactive communication strategy to ensure that all uninsured and insured patients are screened for financial assistance/charity care, so patients who do not qualify can continue to receive normal billing and payment collection attempts.
The new requirements go into effect on November 1, 2023, so time is of the essence. We look forward to helping you navigate these new hospital charity care screening requirements with confidence.