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2013 SESSION
SB 1059 Dental and optometric services plans; applicability of certain provisions.
Introduced by: Frank W. Wagner | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED SENATE:
Dental and optometric services plans. Provides that two existing provisions, relating to the payment of interest on accident and sickness claim proceeds and to the use of explanation of benefits forms, that apply to insurance companies will also apply to dental and optometric services plans. The provision relating to interest applies to claim payments made on or after January 1, 2014. Dental and optometric service plans are not required to pay interest if the total interest is less than $5.
SUMMARY AS INTRODUCED:
Dental and optometric services plans. Provides that two existing provisions, relating to the payment of interest on accident and sickness claim proceeds and to the use of explanation of benefits forms, that apply to insurance companies will also apply to dental and optometric services plans. The provision relating to interest applies to claim payments made on or after January 1, 2014.