HB4366 H B&I AM 2-10 #1
The Committee on Banking and Insurance moves to amend the bill on Page 2, section 18, line 4, by striking subsection (b) in its entirety and inserting in lieu thereof the following:
"(b) All insurers and third party administrators shall provide the employer's claims loss experience annually to the employer group policyholder if requested and shall include, but not be limited to, the following information:
(1) Earned premiums separated by policy year for at least the last two years, if applicable;
(2) Total paid claims and total incurred claims, inclusive of any high dollar or pooled claims, including both capitated and noncapitated expenses set forth in the same manner as premiums; and (3) Any amount in excess of the individual pooling or stop loss trigger point applicable to the group.
(c) The claims loss information provided pursuant to this section may not include any information prohibited from disclosure by any applicable federal law or law of this state."
Adopted
Rejected