FIC: Penn Treaty Bill Passes House Committee

By:  Katrina Callaway, FIC General Counsel The bill dealing with collection of assessments for long term care insurance due to the Penn Treaty insolvency passed its first committee on March 27, 2017.   The House Insurance and Banking Subcommittee passed the proposed committee substitute (PCS) for HB 1273 that was released on Thursday, March 23,…

FIC: DMPO Bill Passes Last House Committee

By:  Katrina Callaway, FIC General Counsel A bill designed to update regulation of discount medical plan organizations (DMPOs) was approved by the House Health and Human Services Committee on March 23, 2017 without amendment.  HB 577 will now be heard on the House floor when set by the Rules Committee.  The Senate companion, SB 430,…