AMENDMENT PROPOSED BY THE HOUSE COMMITTEE ON CORPORATIONS, INSURANCE AND BANKING

1. Page 2, introduced, line 28, after L.

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the remainder of line 28 and all of line 29

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Carriers shall provide to their group policyholders written notice of any benefit reductions during the contract period at least sixty days before such benefit reductions become effective. Group policyholders shall, in turn, provide to their enrollees written notice of any benefit reductions during the contract period at least thirty days before such benefit reductions become effective.