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PA HB2563
PA HB2563In casualty insurance, further providing for conditions subject to which policies are to be issued and for health insurance coverage for certain children of insured parents.
summary
Introduced
09/11/2024
09/11/2024
In Committee
10/18/2024
10/18/2024
Crossed Over
10/09/2024
10/09/2024
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 Regular Session
Bill Summary
Amending the act of May 17, 1921 (P.L.682, No.284), entitled "An act relating to insurance; amending, revising, and consolidating the law providing for the incorporation of insurance companies, and the regulation, supervision, and protection of home and foreign insurance companies, Lloyds associations, reciprocal and inter-insurance exchanges, and fire insurance rating bureaus, and the regulation and supervision of insurance carried by such companies, associations, and exchanges, including insurance carried by the State Workmen's Insurance Fund; providing penalties; and repealing existing laws," in casualty insurance, further providing for conditions subject to which policies are to be issued and for health insurance coverage for certain children of insured parents.
AI Summary
This bill amends the Insurance Company Law of 1921 to extend the maximum age for dependent children to remain on their parents' health insurance policy from 19 to 26 years old. It also prohibits insurers from denying or restricting dependent coverage based on factors like the child's financial dependency, residency, marital status, education, or employment status. The bill also requires insurers to provide the option for policyholders to extend coverage for their children up to age 29, at the policyholder's expense, as long as the child meets certain requirements. The bill would take effect immediately upon publication of notice if certain federal actions occur that impact the Affordable Care Act's provisions for dependent coverage.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (26)
Eddie Pashinski (D)*,
Lisa Borowski (D),
Missy Cerrato (D),
Kyle Donahue (D),
Dan Frankel (D),
Bob Freeman (D),
Pat Gallagher (D),
Roni Green (D),
Nancy Guenst (D),
Jim Haddock (D),
Pat Harkins (D),
Carol Hill-Evans (D),
Joe Hohenstein (D),
Malcolm Kenyatta (D),
Tarik Khan (D),
Patty Kim (D),
Dave Madsen (D),
La'Tasha Mayes (D),
Bob Merski (D),
Darisha Parker (D),
Ben Sanchez (D),
Mike Schlossberg (D),
Gregory Scott (D),
Arvind Venkat (D),
Joseph Webster (D),
Dan Williams (D),
Last Action
Referred to BANKING AND INSURANCE (on 10/18/2024)
Bill Topics
Banking, Finance, and Domestic Commerce
- ‐ Insurance Regulation
Health
- ‐ Health Insurance Reform
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2023&sind=0&body=H&type=B&bn=2563 | 09/11/2024 |
| House Fiscal Note PN 3599 | https://www.legis.state.pa.us/WU01/LI/BI/FN/2023/0/HB2563P3599.pdf | 10/09/2024 |
| BillText | https://www.legis.state.pa.us/cfdocs/legis/PN/Public/btCheck.cfm?txtType=PDF&sessYr=2023&sessInd=0&billBody=H&billTyp=B&billNbr=2563&pn=3599 | 09/11/2024 |
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