Senator Debbie Mayfield Files Legislation to Strengthen Basic Patient Protections
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FIC: AOB Discussion Continues In Committee – Vote Next Week
By: Katrina Callaway, FIC General Counsel The Senate Banking and Insurance Committee continued their discussion of assignment of benefits during their meeting on February 4, 2019. According to Chair Broxson (R), the Committee will vote on the AOB bill, SB 122, next Monday when they meet. The materials from the February 4th meeting…
FIC: Step Therapy & Prior Authorization Bills Filed For 2019
By: Katrina Callaway, FIC General Counsel Sen. Mayfield (R) filed SB 650 last Friday. The bill is substantially similar to the Senate step therapy and prior authorization bills filed in prior legislative sessions. This is the first year Sen. Mayfield is sponsoring the bill due to the resignation of Sen. Steube, last year’s bill sponsor, who…
FIC: Life Insurance Compact Bill Gets Companion
By: Katrina Callaway, FIC General Counsel The life insurance interstate compact bill was filed in the House on February 1, 2019. HB 627 by Rep. Hart (D) is substantially similar to the Senate bill, SB 614, that was filed on January 30, 2019 by the Senate Banking and Insurance Chair, Sen. Broxson (R). The…
FIC: FLAHIGA Long Term Care Insolvency Bill Filed
By: Katrina Callaway, FIC General Counsel Sen. Brandes (R), filed SB 626 on January 31, 2019. The bill is the agreement between the Florida Life and Health Insurance Guaranty Association (FLAHIGA) and the Florida Association of Health Plans (FAHP) on how to deal with long-term care insolvencies on a prospective basis. The FIC Life and…
FIC: Life Insurance Compact Bill Filed
By: Katrina Callaway, FIC General Counsel Sen. Broxson (R), chair of the Senate Banking and Insurance Committee, filed the life insurance Interstate Compact bill, SB 614, on January 30, 2019. The 2019 Interstate Compact bill is the same as the one filed in 2018 which was also sponsored by Sen. Broxson, but did not get…
FIC: Sinkhole Bill Expanding Coverage Now Has A Senate Companion
By: Katrina Callaway, FIC General Counsel Last week, we reported that HB 541 was filed expanding sinkhole coverage. This week, an identical Senate companion, SB 566, was filed. The bill changes the statutory definition of “catastrophic ground cover collapse.” A possible impact of the proposed definition change is that more damage than under current…
FIC: CAT Fund Restructuring Bill Filed
By: Katrina Callaway, FIC General Counsel Rep. Santiago (R) filed HB 561 on January 25, 2019 to restructure the Florida Hurricane Catastrophe Fund (FHCF). No Senate companion bill has been filed yet. Under the bill, the FHCF retention is lowered from $4.5B to $3.2B and the capacity is lowered from $17B to $7B. New coverage…