FIC: Health Insurance Organ Transplant Discrimination Bill Clears Committees In House and Senate

By:  Katrina Callaway, FIC General Counsel SB 1556 and HB 1179 prohibit specified entities from denying, refusing to allocate, or lowering an individual’s priority for organ transplant medical services solely on the basis of an individual’s intellectual or developmental disability. The insurance part of the bills prohibits insurers, nonprofit health care service plans, and health…

FIC: Vulnerable Investor Protection Bill Passes Another Senate Committee

By:  Katrina Callaway, FIC General Counsel SB 1672 protects vulnerable investors from financial exploitation by allowing investment advisors or dealers to delay financial transactions if they suspect financial exploitation.  Similar bills were filed in prior Sessions, but never passed. Some life insurers are interested in this bill because they employ investment advisors or dealers that…