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MN HF3066
Bill
Status
3/13/2014
Primary Sponsor
Gregory Davids
Click for details
AI Summary
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Defines "agent of record" as a licensed insurance producer who contracts with individual health insurance policyholders to advise and advocate on their behalf with their insurance company.
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Defines "agent of record letter" as a signed agreement between an agent of record and policyholder that authorizes representation regarding the policyholder's health insurance policy.
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Establishes an exception to the general rule that insurance producers are agents of the insurer, allowing agents of record to represent policyholders instead.
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Requires MNsure to permit consumers to retroactively appoint a navigator or insurance producer to represent and advocate on their behalf.
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Effective date is the day following final enactment.
Legislative Description
Individual health insurance policy holder permitted to contract with an independent insurance agent or broker to advocate on the individual's behalf with the individual's insurance company.
Last Action
Introduction and first reading, referred to Commerce and Consumer Protection Finance and Policy
3/13/2014