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FL S1566
Bill
Status
Introduced
3/3/2011
Primary Sponsor
JD Alexander
Click for details
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Indefinitely postponed and withdrawn from consideration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