HB 709 Modifies regulations related to entities regulated by the Department of Insurance, Financial Institutions and Professional Registration

     Handler: Parson

Current Bill Summary

- Prepared by Senate Research -


SCS/HCS/HB 709 - This act modifies provisions relating to entities regulated by the Department of Insurance, Financial Institutions and Professional Registration.

PRESCRIPTIVE AUTHORITY (Sections 195.070, 334.037, 334.104, and 334.747)

This act allows certain advanced practice registered nurses, physician assistants, and assistant physicians to prescribe Schedule II - hydrocodone. Hydrocodone prescriptions are limited to a one five day supply without refill.

This section is identical to SCS/SB 313 (2015).

INFORMATIONAL DOCUMENTS ISSUED BY THE DEPARTMENT OF INSURANCE (Sections 374.015 and 374.018)

This act allows the Department of Insurance to issue non-binding informational documents to insurers. The Department may issue informal bulletins for the purpose educating the insurance industry and the general public about a regulatory topic or issue. The Department may also issue a no-action letter stating the intention of the Department to not take enforcement actions to a particular insurer based on a specific set of facts presented by the insurer under applicable law as of the date of the issuance of the letter. So long as there is no change in any material fact or law or a discovery of a material misrepresentation or omission made by the insurer, the Department is estopped from brining any enforcement action against an insurer who has been issued a no-action letter concerning the conduct that is the subject of the no-action letter.

This section is identical to SCS/SB 362 (2015).

COORDINATION OF BENEFITS POLICY LANGUAGE (Section 376.791)

This act exempts individual health coverage from two subdivisions of section 376.777 relating to required policy statements relating to coordination of benefits and requires the Director of the Department of Insurance to promulgate rules to effectuate the new section.

MICHELA BIRK


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