MSF’s Regulatory Oversight to Change on January 1, 2016
As you may have heard, Montana’s Legislature passed Senate Bill 123 in the 2015 legislative session.
As a result, Montana State Fund will be regulated by the State Auditor’s Office (SAO) starting on January 1, 2016.
Regulation by the SAO includes assuring MSF operates in a fiscally responsible manner and that consumers are protected. MSF is currently regulated by the Montana Legislature. This regulation change will not affect your day-to-day relationship with MSF. The Montana Department of Labor and Industry, Employment Relations Division (ERD) will continue to regulate claims handling by MSF, which includes payment of medical benefits. ERD’s medical regulations unit will continue its role of supporting MSF’s medical services.
If you have questions about this, you are welcome to contact Jacob Marchi, Provider Relations Specialist with Montana State Fund at 406-495-5245.