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Senate Commerce Committee advances health-savings, consumer-protection and insurance bills; several measures deferred
Summary
The Hawaii Senate Commerce and Consumer Protection Committee on Feb. 11 recommended passage with amendments for multiple bills including SB 2431 (health savings accounts), SB 2797 (consumer protection), SB 2961 (insurance ALE provisions), SB 2948 (insurance fraud) and SB 3000; SB 2946 and SB 2452 were deferred.
The Hawaii State Senate Committee on Commerce and Consumer Protection on Feb. 11 recommended passage with amendments for several bills and deferred others after a morning of testimony and decision-making.
The committee voted to advance SB 2431, a measure on health savings accounts, adopting Department of Taxation-requested changes including a five-year claim/carry-forward limit, removal of an aggregate cap, clarification that health plans must be written for the areas to be served, a definition for ‘‘rural,’’ and HMA-recommended transparent reporting. The committee set a defective effective date of July 1, 2050, to allow further work; the chair called the motion and recorded aye votes from the chair and vice chair.
SB 2797, a consumer-protection bill, was advanced with requested Department of Commerce and Consumer Affairs (DCCA) amendments and…
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