summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to provide greater fairness in insurance policies. Financial Services.
AI Summary
This bill aims to provide greater fairness in insurance policies. It prohibits insurance policies from including provisions that give the insurer discretionary authority to determine eligibility for benefits or interpret policy terms, as this could lead to a deferential standard of review by the courts. The bill also requires the Insurance Commissioner to not approve any health, life, or disability policies that include such discretionary authority provisions or other misleading or inconsistent clauses. The bill aims to ensure that insurance policies in Massachusetts are consistent with state laws and do not unfairly disadvantage policyholders.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Accompanied a study order, see S2543 (on 02/18/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/191/S600 |
Bill | https://malegislature.gov/Bills/191/S600.pdf |
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