Description: The Health Law Insider blog provides news and analysis of health care-related laws and regulations from Stoel Rives’ dedicated team of health care lawyers and industry experts.
Developments and trends in the health care industry
Washington’s law regulating “health care benefit managers” (“HCBMs”) went into effect on January 1, 2022. Although Washington’s regulatory scheme for HCBMs has some similarities with how other states regulate “third party administrators” (“TPAs”), the Washington law is much broader. It subjects more entities to regulation than a typical TPA statute and imposes additional burdens on carriers that rely on third parties to perform certain core plan functions. As such, Washington-regulated health plans and the
I. Identifying “HCBMs”