COMMITTEE SUBSTITUTE FOR SENATE BILL NO. 256(HES) "An Act relating to regulation of managed health care and allowing physicians to collectively negotiate with a health benefit plan that has substantial market power." This was the third hearing for this bill in the Senate Finance Committee. At the last meeting, the Committee adopted CS SB 256, 1-LS1291\I as a workdraft and made an amendment to the committee substitute. Senator P. Kelly offered a motion to report from Committee, CS SB 256, 1-LS1291\I, as amended with forthcoming fiscal notes from the Department of Administration, the Department of Community and Economic Development and the Department of Law. There was no objection and the bill MOVED FROM COMMITTEE.