Loading chat...
NY S07299
Bill
Status
5/9/2014
Primary Sponsor
James Seward
Click for details
AI Summary
-
Licensed agents and insurance brokers may provide specified services without charging service fees when incidental to group or blanket policies, provided services are fair and nondiscriminatory.
-
Permitted services include risk assessment, insurance consulting, regulatory and legislative updates, claims assistance (excluding adjustment), and tax preparation for employer benefit plan forms.
-
Agents and brokers may provide information to group policy holders and plan members, including enrollment forms, website links, and frequently asked questions without additional fees.
-
Services related to federal COBRA requirements (billing, premium collection and forwarding) and HIPAA compliance (health care access, portability, renewability) are permitted without separate service charges.
-
The act takes effect immediately upon enactment.
Legislative Description
Relates to life, accident and health insurance; relates to discrimination and rebating; also relates to prohibited inducements and independent sales.
Last Action
COMMITTED TO RULES
6/20/2014