SB 432 Adds requirement for health benefit plan rate release
Sponsor: Onder
LR Number: 1586S.04C Fiscal Notes
Committee: Small Business, Insurance and Industry
Last Action: 5/15/2015 - S Informal Calendar S Bills for Perfection--SB 432-Onder, with SCS Journal Page:
Title: SCS SB 432 Calendar Position:
Effective Date: August 28, 2015

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Current Bill Summary


SCS/SB 432 - This act requires health carriers to make available to its appointed insurance producers the individual health benefit plan monthly premiums and summary of benefits no later than twenty-one days prior to the beginning of the annual enrollment period in accordance with federal law, subject to any limitations a federal agency or federal law may impose on health carriers. Such health carriers may provide the health benefit plan monthly premiums and summary of benefits to its appointed insurance producers in a format determined by the health carrier. This act does not give the Department of Insurance, Financial Institutions and Professional Registration approval authority over any health benefit rates or plans.

This act is similar to HB 527 (2015).

MICHELA BIRK