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FL S1566

Bill

Status

Introduced

3/3/2011

Primary Sponsor

JD Alexander

Click for details

Origin

Senate

2011 Regular Session

AI Summary

  • Creates section 624.122, F.S. to authorize licensed health insurance agents to solicit and sell interstate health insurance policies underwritten by admitted insurers in Florida
  • Defines "interstate health insurance policy" as health insurance providing creditable coverage governed by laws of another U.S. state, district, or commonwealth offered to Florida residents
  • Requires all interstate health insurance policies and applications to include a conspicuous, boldfaced 12-point notice disclosing the policy is governed by another state's laws and does not comply with Florida Insurance Code requirements
  • Exempts interstate health insurance policies from Florida form approval, rate approval, underwriting restrictions, guaranteed availability, and coverage mandates, but subjects them to specified provisions including agent conduct rules and fraud provisions
  • Takes effect July 1, 2011

Legislative Description

Interstate Health Insurance Policies

Last Action

Indefinitely postponed and withdrawn from consideration

5/7/2011

Committee Referrals

Banking and Insurance3/9/2011

Full Bill Text

No bill text available