Establishes arbitration and notification process for health insurance carriers and provider networks when dispute arises over maintaining providers as in-network.

This bill creates a binding arbitration process for disputes between health insurance companies (carriers) and healthcare providers over pricing and payment terms when negotiations fail. If a dispute isn't resolved 60 days before a provider network contract expires, arbitration is automatically triggered. Both parties must submit final offers before arbitration, and the arbitrator must choose one of those offers - making the decision binding. Patients receive 30 days' notice before providers become out-of-network for the next plan year, and coverage remains unchanged until the new plan year begins. The Department of Banking and Insurance administers the process.