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2019 SESSION

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SB 1674 Health insurance; short-term, limited-duration health plans, renewal guarantees.

Introduced by: Bryce E. Reeves | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (all summaries)

Health insurance; short-term, limited-duration health plans; guaranteed option. Provides that any carrier offering short-term, limited-duration health plans may offer for sale a guaranteed option, defined in the bill as a contract or agreement between a covered person and a carrier that guarantees the option of the covered person to purchase a new short-term, limited-duration health plan at a future date without re-underwriting. The measure specifies that a guaranteed option is not a health benefit plan and that any guaranteed option may set a specified premium rate for any short-term, limited-duration health plan that it guarantees will be available to the covered person in the future.


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