CT SB00205

Eliminates the requirement for insurers to obtain Insurance Commissioner approval before rescinding, canceling, or limiting health insurance policies.

Prohibits insurers and health care centers from rescinding, canceling, or limiting coverage more than two years after the policy effective date, regardless of application misstatements or omissions.

Removes the prior approval process that allowed insurers to rescind based on fraud, intentional misrepresentation, or intentional omission of material information on insurance applications.

Eliminates the commissioner's decision-making authority and the appeal process to superior court for disputes over rescission, cancellation, or limitation decisions.

Takes effect July 1, 2018, and amends Connecticut General Statutes Section 38a-477b.