Revises provisions relating to health insurance. (BDR 57-238)

AB 295 shortens health insurers' response times for prior authorization requests: 5 days for non-urgent care and 48 hours for urgent care. It requires insurers to clearly explain denials to patients and providers, extends approval validity to 12 months for chronic conditions, and mandates transparency about AI use in decisions (including physician review for denials). Insurers must also submit annual reports on prior authorization requests to state agencies, which will publish the data online. The bill applies to all health insurers, including Medicaid and CHIP programs, and imposes penalties for noncompliance.