TennCare - As introduced, directs the first $150 million of tax revenue generated by the health maintenance organization tax on or after July 1, 2026, to be utilized to draw down federal funds to reimburse a physician, advanced practice registered nurse, or physician assistant who is entitled to receive TennCare reimbursement for a CPT code for evaluation and management, obstetrics and gynecology, or anesthesia. - Amends TCA Title 56; Title 63; Title 68 and Title 71.

SB 2080 directs the first $150 million in tax revenue from Tennessee's health maintenance organization tax (starting July 1, 2026) to draw down federal funds for specific healthcare providers. It requires reimbursement for physicians, advanced practice registered nurses, and physician assistants who treat TennCare patients for evaluation, obstetrics/gynecology, or anesthesia services using designated medical billing codes. Reimbursement must cover up to 110% of the current Medicare rate for those services. The bill applies to TennCare reimbursements for services provided on or after July 1, 2026.