SB 24-168

This Colorado bill, SB 24-168, aims to help Medicaid members by covering the costs of telehealth remote monitoring services starting July 1, 2025. It also provides grants up to $100,000 each to rural health facilities to support these services and ensures that continuous glucose monitors will be covered for Medicaid members starting November 1, 2025. The bill has been signed into law by the governor and is now effective as of August 7, 2024, meaning these changes are set to take place according to the specified dates.

Official Summary

Beginning July 1, 2025, the act requires the department of health care policy and financing (state department) to provide reimbursement to certain medicaid members (member) for the use of telehealth remote monitoring for outpatient services. The department shall initiate a stakeholder process to determine the billing structure prior to providing reimbursement. The act creates the telehealth remote monitoring grant program to provide grants to outpatient health-care facilities located in a designated rural county or designated provider shortage area to assist with the costs of providing telehealth remote monitoring for outpatient clinical services. The state department may award up to five grants worth $100,000 each. Beginning November 1, 2025, the act requires the state department to provide coverage for continuous glucose monitors to medicaid medical and pharmacy benefit members. For the 2024-25 state fiscal year, the act appropriates $34,128 to the department of health care policy and financing to implement this act. APPROVED by Governor May 29, 2024 EFFECTIVE August 7, 2024(Note: This summary applies to this bill as enacted.)

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