Relating to independent analysis of health insurance rate filings.
Catchline/Summary:
Requires Director of Department of Consumer and Business Services to contract with qualified experts to perform independent analyses of health insurance rate filings that cause composite average rate increase to exceed five percent or under criteria adopted by director by rule. Requires Director of Department of Consumer and Business Services to contract with qualified experts to perform independent analyses of health insurance rate filings that cause composite average rate increase to exceed five percent or under criteria adopted by director by rule. Requires insurer to reimburse Department of Consumer and Business Services for costs of independent analysis.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
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SB 716 Senate Committee On General Government, Consumer and Small Business Protection
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