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House Bill 1452


House Bill 1452

ARCHIVE (2007)

Latest Information

 

DIGEST OF HB 1452 (Updated April 27, 2007 3:34 pm - DI 84)


Various insurance matters. Provides that the department of insurance sets the amount charged for copies of medical records. Allows certain state educational institutions to participate in a prescription drug purchasing program. Establishes the insurance education scholarship fund and makes an annual appropriation. Revises language concerning assessments for the second injury fund. Makes changes to insurance filing fees and deposits of certain fees into the department of insurance fund. Specifies requirements for assets in a segregated investment account for a funding agreement. Requires certain notice of coverage changes in residential property policies and prohibits certain provisions in the policies. Authorizes the commissioner to issue insurance producer certificates for framing. Provides for standard personal property and casualty insurance fee. Amends insurance producer license renewal periods and continuing education requirements. Removes the requirement that resident surplus lines producers file a bond with the commissioner. Makes certain changes to filing and notice requirements that apply to commercial property and casualty insurance. Amends the definition of "multiple employer welfare arrangement" (MEWA) applying to the law regulating MEWAs. Provides for the entry of an unauthorized alien insurance company to transact business in the United States through a United States branch. Specifies policy form filing requirements for a policy of accident and sickness insurance. Amends mandated benefit statutes defining an "accident and sickness" policy to standardize the list of the types of policies that are not included in the use of the term. Makes changes to statutes concerning accident and sickness insurance policies, travel accident policies, short term health policies, and long term care insurance producer compensation, including changes to preexisting condition limitation periods, claim payment requirements, policy return periods, and independent review organization determinations. Removes a provision requiring sheriff pension annual report to the department of insurance. Establishes an interim study committee to create a definition of "health insurance" for purposes of the law concerning accident and sickness insurance and health maintenance organization contracts. Allows the office of Medicaid policy and planning to establish a health care management program demonstration project and a pilot project concerning certain small employers. Makes conforming changes.
Current Status:
 Law Enacted
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