1. (a) An insurer may not retroactively reduce the reimbursement rate for any CPT code.

2. (b) An insurer shall provide at least sixty (60) days written notice by:

   1. (1) mail or electronic mail to a provider; and

   2. (2) posting on the insurer's website;

      before prospectively implementing a rate reduction for any CPT code.

As added by P.L.88-2026, SEC.9.