Bill

Bill > HB1372


IN HB1372

Various insurance matters.


summary

Introduced
01/13/2020
In Committee
02/20/2020
Crossed Over
01/29/2020
Passed
03/04/2020
Dead
Signed/Enacted/Adopted
03/30/2020

Introduced Session

2020 Regular Session

Bill Summary

Various insurance matters. Requires a state employee health plan, a policy of accident and sickness insurance, and a health maintenance organization contract to provide coverage for pediatric autoimmune neuropsychiatric disorders associated with streptococcal infections (PANDAS) and pediatric acute-onset neuropsychiatric syndrome (PANS), including treatment with intravenous immunoglobulin therapy. Makes changes in the law concerning the permissible investments of life insurance companies and casualty, fire, and marine insurance companies. Provides that an insurance administrator may pay claims via electronic payment. Exempts an individual from the prelicensing course, state license examination, and continuing education requirements for licensed independent adjusters if the individual holds a current claims certification issued by a national or state claims association whose certification program meets certain conditions. Provides that a multiple employer welfare arrangement may be established through an interlocal cooperation agreement. Adopts the insurance data security model law, which requires certain holders of an insurance license, authority, or registration to maintain an information security program and meet other requirements. Establishes an affirmative defense to a tort civil action for a licensee that satisfies the requirements of the insurance data security model law. Adopts a new model law on credit for reinsurance. Provides that a rejection of uninsured motorist coverage or underinsured motorist coverage in an underlying personal policy is also a rejection of uninsured motorist coverage or underinsured motorist coverage in a personal umbrella or excess liability policy. Urges the legislative council to assign to an appropriate interim study committee the task of studying medical payment coverage, including: (1) whether medical payment coverage should be supplemental to the benefits: (A) to which a covered individual is entitled under a health plan; and (B) that are the same as or similar to benefits available to the covered individual under the medical payment coverage; and (2) whether a health plan should be prohibited from requiring the use or exhaustion of medical payment coverage as a condition of payment of benefits under the health plan for health care services rendered to a covered individual.

AI Summary

This bill makes various changes to insurance laws in Indiana. It requires state employee health plans, accident and sickness insurance policies, and health maintenance organization contracts to provide coverage for pediatric autoimmune neuropsychiatric disorders and related treatments. The bill also makes changes to the permissible investments of life insurance and casualty, fire, and marine insurance companies, allows insurance administrators to pay claims via electronic payment, and exempts certain independent adjusters from prelicensing and continuing education requirements if they hold an approved claims certification. Additionally, the bill allows multiple employer welfare arrangements to be established through interlocal cooperation agreements, adopts the NAIC insurance data security model law, and establishes a new model law on credit for reinsurance. The bill also urges the legislative council to study medical payment coverage requirements. Overall, this bill aims to update and enhance various aspects of insurance regulation in Indiana.

Committee Categories

Business and Industry

Sponsors (5)

Last Action

Public Law 130 (on 03/30/2020)

bill text


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