Insurance, Health, Accident - As introduced, prohibits a health insurance issuer or managed health insurance issuer from reimbursing for testing services a medical laboratory that is eligible to participate as an in-network participating provider at a rate less than the CMS clinical laboratory fee schedule for medical labs in this state; permits a managed health insurance issuer to require such lab to meet the performance metrics required of in-network labs. - Amends TCA Title 56, Chapter 7, Part 23.

SB 1722 requires Tennessee health insurance companies to pay non-network medical laboratories (that are eligible to join an insurance network) at least the federal Centers for Medicare & Medicaid Services (CMS) clinical laboratory fee schedule rate for covered lab tests. It also allows insurers to set the same performance standards for these non-network labs as they do for in-network providers. The law will take effect on July 1, 2026, and applies to health insurance and managed health insurance issuers in Tennessee.