FL S1170

Authorizes local governmental units to contract with nonprofit corporations composed of local government units for group insurance administration, in addition to traditional insurance companies and professional administrators.

Relocates and reorganizes the definition of "creditable coverage" from section 627.6561 to section 627.6562(3), consolidating related coverage definitions in a single location.

Eliminates minimum loss ratio standards and detailed incurred claims provisions for certain health insurance coverage, simplifying regulatory requirements.

Expands the definition of "excepted benefits" excluded from certain health insurance regulations by creating a comprehensive numbered list (1-14) in section 627.6513, replacing previous scattered references.

Modifies health maintenance organization renewal requirements to apply to individual health insurance contracts in addition to group contracts, and permits coverage modifications in the individual market at renewal time on a uniform basis.