SB 63 – Requires insurers to provide notice of coinsurance or other cost sharing features in the evidence of coverage they issue to enrollees

• Sponsor: Goodman
• LR Number: 0148S.01I
• Committee: Health and Mental Health
• Last Action: 1/30/2007 - Hearing Conducted S Health and Mental Health Committee
• Effective Date: August 28, 2007

Current Bill Summary

SB 63 - This act modifies what a health insurer must provide when it issues evidence of insurance coverage. The act provides that the evidence of coverage must contain a summary of coinsurance or other cost sharing features the policy may entail. The purported effect of this change is to allow HMOs to issue high-deductible health insurance policies.

This act is identical to the introduced version of SB 1103 (2006).

STEPHEN WITTE