FIC: FLAHIGA Bill Passes All Committees

By:  Katrina Callaway, FIC General Counsel On March 9, 2017, the Florida Life and Health Insurance Guaranty Association (FLAHIGA) bill, HB 307, unanimously passed its last committee.  It will now will be heard on the House floor when scheduled by the Rules Committee.  The Senate bill is identical to the House bill, but has not…

FIC: Updated Details on Insurer Receivership/WC Large Deductibles Legislation

By:  Sam Miller, FIC Consultant Senate staff Wednesday released on the Legislature’s Internet site a revised bill text and insurance committee analysis of an insurance insolvency regulation package (CS/SB 730) adopting provisions from the National Association of Insurance Commissioners’ Insurer Receivership Model Act and the NAIC 2016 Workers Compensation Large Deductibles Study. See these links:…

FIC: DMPO Revision Details Now Available

By:  Sam Miller, FIC Consultant The Senate Banking & Insurance Committee Wednesday posted a revised staff analysis and bill text for CS/SB 430, a package updating regulations on discount medical plan organizations (DPMOs) offered by many employers throughout the state. This was approved by Senate B&I Monday, with a similar package (CS/HB 577) advanced Tuesday…

FIC: House Panel Advances Discount Medical Plans Bill

By: Sam Miller, FIC Consultant HB 577 Discount Plan Organizations — by Pigman Strike-all amendment: 777669 A bill updating regulation of discount medical plan organizations (DMPOs) was approved by the House Health Innovation Subcommittee Tuesday, a day after similar legislation passed the Senate Banking & Insurance Committee. The House bill (CS/HB 577), sponsored by Cary…