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AZ HB2859
Bill
Status
2/10/2021
Primary Sponsor
Kelli Butler
Click for details
AI Summary
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Repeals requirement for the Department of Insurance and Financial Institutions to prepare detailed billing statements for examinations showing time, expenses, and statutory authorization for fees charged.
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Eliminates the limitation that examined persons are only responsible for direct costs of examinations supported by compliant billing statements effective December 31, 2021.
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Continues to require examined parties (except adjusters, producers, and brokers) to pay examination costs, with adjusters, producers, and brokers only paying costs if violations are found.
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Renumbers subsections in section 20-142 following the removal of the billing statement requirements, with home health services guidelines and criminal history record information provisions shifted up one letter designation.
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Applies retroactively to June 30, 2020.
Legislative Description
Insurers; examinations; direct costs; repeal
Repeal
Last Action
House read second time
2/11/2021