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Committee advances NAIC-model rebating bill to let insurers offer risk‑reducing devices and services
INSURANCE & COMMERCE - SENATE · April 3, 2023
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Summary
The committee adopted model anti-rebating language to allow insurers to provide devices and services (e.g., leak detectors, continuous glucose monitors) related to covered risks so long as distribution is nondiscriminatory and tied to the risk.
A bill modeled on National Association of Insurance Commissioners language won committee approval after proponents said it would modernize anti‑rebating statutes to permit insurers to supply risk‑reducing devices and services. State Senator Justin Boyd said the change would allow insurers to provide items such…
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