SB 63 Requires insurers to provide notice of coinsurance or other cost sharing features in the evidence of coverage they issue to enrollees
Sponsor: Goodman
LR Number: 0148S.01I Fiscal Note: 0148-01
Committee: Health and Mental Health
Last Action: 1/30/2007 - Hearing Conducted S Health and Mental Health Committee Journal Page:
Title: Calendar Position:
Effective Date: August 28, 2007

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Current Bill Summary

SB 63 - This act modifies what a health insurer must provide when it issues evidence of insurance coverage. The act provides that the evidence of coverage must contain a summary of coinsurance or other cost sharing features the policy may entail. The purported effect of this change is to allow HMOs to issue high-deductible health insurance policies.

This act is identical to the introduced version of SB 1103 (2006).