SB 22-106

Senate Bill 22-106, also known as "Conflict of Interest in Public Behavioral Health," requires companies that manage behavioral health services and have significant ownership by healthcare providers to follow specific conflict-of-interest policies. This ensures transparency and accountability in how these organizations operate. The bill was signed into law and allocates funding for its implementation. It affects managed care entities, administrative service organizations, and managed service organizations with at least 25% ownership by behavioral health providers.

Official Summary

On or before January 1, 2023, the act requires each managed care entity, administrative service organization, and managed service organization that has 25% or more ownership by providers of behavioral health services to comply with certain conflict of interest policies in order to promote transparency and accountability. The act appropriates $42,658 from the general fund to the department of health care policy and financing to implement the act. (Note: This summary applies to this bill as enacted.)

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