FIC: STOLI Bill Heads to Last Senate Committee

By:  Katrina Callaway, FIC General Counsel The Senate stranger oriented life insurance (STOLI) bill, SB 1600, cleared another committee hurdle on April 20, 2017 when the Senate Appropriations Committee unanimously approved it with four amendments described below.  The bill is now its last committee, Rules. The STOLI bill is a priority of the FIC Life…

FIC: Senate Comp Leader Sees Deal with House on Attorneys Fees, Hospital Costs

By:  Sam Miller, FIC Consultant Senate workers comp package sponsor Rob Bradley predicted to the Senate Rules Committee April 19 that Senate and House negotiators will bridge differences on attorneys fees and hospital reimbursements and produce a solid agreement with significant reductions in workers’ comp costs. He spoke as the Rules Committee approved the Bradley…

FIC: Frozen Formulary Bill Cleared for Senate Floor

By:  Sam Miller, FIC ConsultantSB 182 Consumer Protection from Nonmedical Changes to Prescription Drug Formularies (Mayfield) Legislation (CS/CS/SB 182) freezing prescription drug formularies during the 12-month contract year won easy approval in the Senate Rules Committee April 19 and will now go to the full Senate at the discretion of Senate Leadership. Forty doctor and…