SB1096 Summary

• Bills impacting health benefit plans must be assigned to the Senate or House standing committee responsible for insurance legislation and require an impact analysis if approved by a committee majority vote.

• The Insurance Department must prepare a written report within 60 days analyzing the proposed mandate's social impact, medical efficacy, and financial impact on premiums, insurers, providers, and state-funded programs.

• Bills providing for health benefit plan mandates cannot be reported out of committee or considered by either chamber unless an impact analysis is requested and completed, except when a committee majority opposes the bill or declines to hear it.

• The Department may contract with third-party vendors specializing in actuarial services or insurance mandate reviews to conduct analyses, and may seek input from other state agencies regarding impacts to state-funded programs.

• The Legislative Service Bureau is limited to submitting no more than five referrals per fiscal year for analysis, with additional referrals requiring written approval from the Insurance Commissioner; reports must be provided electronically to bill authors and committee chairs and published on the legislative website.

• Effective date: November 1, 2025.