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Kansas bill would require Department of Insurance to produce insurer impact reports before health laws
Summary
HB2703 would let legislators request a financial-impact report from the Kansas Department of Insurance that aggregates insurer data on premium and out-of-pocket effects, with a two-business-day minimum response window for insurers and a five-year sunset on a records exemption.
House Bill 2703 would require the Kansas Department of Insurance to prepare a legislator-requested financial impact report describing how proposed health-insurance legislation would affect covered individuals, premiums and out-of-pocket costs before the legislature considers the measure. The bill, described to the Committee on Insurance by reviser Eileen, requires the department to issue a data call to health insurers and administrators doing business in Kansas and to aggregate and de-identify information to protect trade secrets and personal data.
The bill directs the department to report whether the proposed legislation would be preempted in whole or…
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