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House Insurance Committee adopts H-2 substitute and reports HB 4071 10-0
Summary
The House Insurance Committee voted unanimously to adopt an H-2 substitute to House Bill 4,071 and reported the bill with a recommendation that it pass. The substitute narrows the bill’s scope to exclude health insurers, restores a consumer definition, removes a director rulemaking provision, and resolves a conflict with another bill.
The House Insurance Committee voted 10-0 to adopt an H-2 substitute to House Bill 4,071 and reported the bill with a recommendation that it pass.
Minority Vice Chair Carter, sponsor of HB 4,071, told the committee the H-2 substitute reflects stakeholder discussions and technical fixes. "This version of the bill has received support from the Department of Insurance and Financial Services, Blue Cross Blue Shield, Chubb Insurance, and John Hancock," Carter said. She summarized changes included in the…
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