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House committee holds bill to let insurers offer risk‑mitigation devices, seeks data protections
Summary
The House Business Committee held House Bill 72 on March 3 after questions about consumer data and privacy. The bill would clarify that insurers may provide risk‑mitigation devices or services without violating Idaho anti‑rebating law.
BOISE — The House Business Committee on Monday held House Bill 72, a bill that would clarify that insurers may provide or subsidize devices or services that reduce loss risk without violating Idaho’s anti‑rebating laws.
Representative Jeff Cornelis, R‑Nampa, the sponsor, told the committee the measure is an “agency bill” intended to remove uncertainty about whether insurers may offer technology such as leak detectors or fitness trackers to policyholders. “This is an agency bill. It fixes a couple of things that really weren't broken in the system but they could use a little bit of help,” Cornelis said.
The bill would amend Idaho law to say that providing a risk‑mitigation device for free or at a reduced price in connection with an insurance purchase would not violate the Insurance Unfair Trade Practices Act. Proponents said that would let life, disability and annuity insurers use the same kinds of incentives and tools that health…
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