Bill

Bill > S709


MA S709

MA S709
To establish minimum reimbursement rates to insurance claimants


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to establish minimum reimbursement rates to insurance claimants. Financial Services.

AI Summary

This bill aims to establish minimum reimbursement rates for labor by insurers to claimants for first or third-party auto insurance claims in the Commonwealth of Massachusetts. The minimum rates will be based on the rates set in the Insurance Reform Act of 1988, adjusted for inflation up to the time this bill becomes law. The new minimum rates will be phased in over a two-year period, and thereafter adjusted annually based on the Consumer Price Index (CPI) for the Northeast region. Insurers are prohibited from refusing to negotiate higher rates or steering claimants to specific repair facilities, except as permitted by current laws and regulations. This bill seeks to ensure that claimants receive fair and adequate reimbursement for auto repairs.

Committee Categories

Business and Industry

Sponsors (6)

Last Action

Accompanied a new draft, see S2928 (on 06/16/2022)

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