HF 3783

SECOND ENGROSSMENT

Insurance provisions regulated relating to fees, coverages, contracts, filings, forms, financial planners, vehicle sales, appraisers, subdivided lands, domestic mutual insurance companies, collection agencies, and underwriting associations.

Section 1: Cash sale price language is modified.

Section 2: Scope and purpose language is modified.

Section 3: Motor vehicle manufacturer language is provided.

Section 4: Service contract language is modified.

Section 5: Coverages, limitations, and exclusions language is modified.

Section 6: Duration; fees language is modified.

Section 7: Definitions are modified.

Section 8: Duties of insurers that use agents or brokers language is modified.

Section 9: Application language is modified.

Section 10: Minimum benefits language is modified.

Section 11: Required coverage language is modified.

Section 12: Electronic enrollment language is provided.

Section 13: Board of directors; organization language is modified.

Section 14: Merger language is provided.

Section 15: Utilization review organization language is modified.

Section 16: Alcoholism, mental health, and chemical dependency services language is modified.

Section 17: Disclosure of executive compensation language is modified.

Section 18: Hands-on assistance language is provided.

Section 19: Personal care language is provided.

Section 20: Providers of services language is provided.

Section 21: Skilled nursing care, personal care, home care, specialized care, assisted living care, and other services language is provided.

Section 22: Field issue prohibition language is modified.

Section 23: Authorized limitations and exclusions language is modified.

Section 24: Premiums language is modified.

Section 25: Electronic enrollment for group policies language is provided.
Subdivision 1. Employers or labor unions.
Subdivision 2. Availability of insurer records.

Section 26: Disclosure of tax consequences language is provided.

Section 27: Benefit triggers language is provided.

Section 28: Qualified long-term care insurance policy language is modified.

Section 29: Inflation protection feature language is modified.

Section 30: Reserve standards language is provided.
Subdivision 1. Benefits provided through acceleration of benefits under life policies.
Subdivision 2. Benefits provided otherwise.

Section 31: Life insurance policies language is modified.

Section 32: Contingent benefit upon lapse language is modified.

Section 33: Purchased blocks of business language is modified.

Section 34: Standards for benefit triggers language is provided.
Subdivision 1. Benefit payment determinations.
Subdivision 2. Additional provisions for determining benefit payments.
Subdivision 3. Deficiency determination.
Subdivision 4. Assessments.
Subdivision 5. Appeal process.

Section 35: Additional standards for benefit triggers qualified long-term care insurance contracts language is provided.
Subdivision 1. Definitions.
Subdivision 2. Services.
Subdivision 3. Payment of benefits.
Subdivision 4. Certifications.
Subdivision 5. Dispute resolution.

Section 36: Associations to educate members language is provided.

Section 37: Additional association duties language is provided.

Section 38: Unfair trade practices language is provided.

Section 39: Availability of new services or providers language is provided.
Subdivision 1. Requirement.
Subdivision 2. Exception.
Subdivision 3. Compliance.
Subdivision 4. Policies considered exchanges.
Subdivision 5. Notification to certain groups.
Subdivision 6. Effect on coverage offers and requests for coverage.
Subdivision 7. Life policies or riders.

Section 40: Right to reduce coverage and lower premiums language is provided.
Subdivision 1. Required policy or certificate provision.
Subdivision 2. Age determination.
Subdivision 3. Limitation.
Subdivision 4. Written reminder.
Subdivision 5. Nonapplication.

Section 41: Policy forms language is modified.

Section 42: Exceptions language is modified.

Section 43: Life insurance companies language is modified.

Section 44: Quorum language is modified.

Section 45: Definitions language is modified.

Section 46: Insurable property in cities language is modified.

Section 47: Return of policy or contract; notice language is modified.

Section 48: Contents language is modified.

Section 49: Private employers who have ceased to be self-insured language is modified.

Section 50: New membership language is modified.

Section 51: Commercial self-insurance group common claims fund language is modified.

Section 52: Required reports from members to group language is modified.

Section 53: Requirement language is modified.

Section 54: Limited broker licensee language is provided.

Section 55: Segregated accounts language is provided.

Section 56: Repealer provided.

SNA 5/17/08