AN ACT relating to mental health parity and declaring an emergency.

Amend KRS 304.17A-661 to require insurers to submit the annual report relating to mental health parity requirements to the Legislative Research Commission for referral to the Interim Joint Committee on Health Services; require the annual report be submitted by June 1; EMERGENCY.

Introduced: February 19, 2025

Last action: February 27, 2025

To Banking & Insurance (H)

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This bill would require insurance companies to submit their yearly mental health parity compliance reports to the state legislature by June 1 each year, in addition to existing reporting requirements. Mental health parity laws are meant to ensure that insurance coverage for mental health and substance use treatment is no less restrictive than coverage for other medical conditions. The emergency designation means it would take effect immediately upon becoming law. Who it may affect: Kentuckians with insurance coverage who use mental health or substance use disorder services, and state legislators overseeing insurance compliance.

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