FIC: Vulnerable Investor Protection Bill Moves in House

By:  Katrina Callaway, FIC General Counsel The House Insurance and Banking Subcommittee adopted a committee substitute for the vulnerable investor bill during its meeting on March 13, 2019.  The committee substitute replaces the originally filed version of the bill. Some in the life insurance community are following this bill closely due to the employee training…

FIC: Health Shared Savings Bill Moving In House

By:  Katrina Callaway, FIC General Counsel HB 1113 creates a voluntary health shared savings incentive program to allow health insurers and HMOs to provide cash or other incentives to insureds when they obtain shoppable health care services on the insurer’s or HMO’s shared savings incentive list.  The shoppable services are those that are non-emergency, including…