Am. Sub. S.B. 5

126th General Assembly

(H. Insurance)

The House Committee added the following new provisions to the bill:

A prohibition against an insurance agent or affiliate who receives or is entitled to receive compensation from a public entity from receiving compensation from any insurer or other third party without obtaining an acknowledgment from the public entity that it is aware the other compensation is being received.

Authorization for a health insuring corporation to charge a higher deductible when requested by a group policy holder for the group or an individual policy holder with individual coverage.

An exemption for certain health insuring corporations from current law requiring the applicant to undergo a "fitness" examination by the Director of Health where the applicant proposes to cover solely Medicare recipients.

The House Committee made the following changes to the proposed discount medical plan organization law originally adopted by the Senate:

Allows a discount medical plan, when providing the plan with any other product, the option of providing a written fee statement of the charges for the discount medical plan or providing reimbursement for all periodic charges if the member cancels his or her membership.

Decreases the disclosure requirements for prospective members.

Eliminates the requirement that a discount medical plan organization provide prospective members with an email address.

S0005-126.doc/ss 12/08/06