- Introduced -

SB 1061 - This act holds that whenever a health service corporation submits a policy form to the Director of Insurance, and the Director does not disapprove the form within 30 days, the form is deemed approved and is not subject to disapproval or further review for 24 months. This act also holds that whenever an HMO modifies any of the information or procedures in its certificate of authority, the modification shall be deemed approved within 30 days of filing unless the Director of Insurance rejects the modification citing specific reasons. The approved modification shall not be subject to disapproval or further review for a period of 24 months.

STEPHEN WITTE