Representative Reagan Files Self-Insurance Amendment to SB 2012

An amendment was filed to SB 2012 by Representative Ron Reagan today, April 24, 2008.

Representative Reagan’s amendment, a copy of which is attached for your review, authorizes hospitals to implement self-insurance coverage and authorizes reinsurance companies to issue coverage directly to the Self-Insurance Alliance.

On second reading yesterday in the House, three amendments were adopted onto the bill, which was substituted for HB 1431.

SB 2012 Relating to Insurance Policies revises provisions requiring that insurers notify policyholders of the right to designate a secondary addressee to receive a notice of termination of long-term care insurance policies. The bill extends the period within which certain insurers must permit claims from a Holocaust victim or from a beneficiary, descendant, or heir of such a victim.

 

Should you have any questions or comments, please do not hesitate to contact this office.

 

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